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Bugsy provided the following operating information during the current year. Operating income $ 185,000 Selling, general, and administrative costs 42,000 Cost of goods sold 77,500
Bugsy provided the following operating information during the current year. | ||
Operating income | $ 185,000 | |
Selling, general, and administrative costs | 42,000 | |
Cost of goods sold | 77,500 |
What was Bugsys gross margin this year? |
What was its total revenue this year? |
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