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Brad Gravel Pitt Company has sales of $485,000 and cost of goods sold of $291,000. a. What is the gross profit margin? Gross profit margin

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Brad Gravel Pitt Company has sales of $485,000 and cost of goods sold of $291,000. a. What is the gross profit margin? Gross profit margin b. If the average firm in the gravel industry has a gross profit margin of 33 percent, how is this firm doing? Brad Gravel Pitt Company is the industry average of 33%

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