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Brimmel Corp. has provided the following information: Sales were $750,000; Cost of goods sold was $371,250; Net income was $185,000. What was Brimmel's gross profit
Brimmel Corp. has provided the following information: Sales were $750,000; Cost of goods sold was $371,250; Net income was $185,000. What was Brimmel's gross profit percentage? 50.5%
49.5%
200.68%
24.67%
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