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Calculate the missing information based on the format of the income statement. Net Sales Cost of Goods Sold Gross Margin ($) Operating Expenses Net Profit
Calculate the missing information based on the format of the income statement.
Net Sales | Cost of Goods Sold | Gross Margin ($) | Operating Expenses | Net Profit ($) |
---|---|---|---|---|
$336,500 | $132,200 | $ | $109,000 | $ |
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