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Each of the following gross profit percentages is expressed in terms of cost. 1. 31.00%. 2. 38.75%. 3. 51.66%. 4. 77.50%. Indicate the gross profit

Each of the following gross profit percentages is expressed in terms of cost. 1. 31.00%. 2. 38.75%. 3. 51.66%. 4. 77.50%. Indicate the gross profit percentage in terms of sales for each of the above. ...

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