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(Evaluating liquidity) The Tabor Sales Company had a gross profit margin (gross profits + sales) of 30.8 percent and sales of $9.9 million last year.

(Evaluating liquidity) The Tabor Sales Company had a gross profit margin (gross profits + sales) of 30.8 percent and sales of $9.9 million last year. Seventy-five percent of the firm's sales are on cr...

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