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Calculate the gross margin using the below information: Sales = $170,000 Cost of Goods Sold = $50,000 Fixed Costs = $75,000 Income Taxes = $10,000

Calculate the gross margin using the below information: Sales = $170,000 Cost of Goods Sold = $50,000 Fixed Costs = $75,000 Income Taxes = $10,000 $120,000 545.000 $35.000 None of these answers are correct

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