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Financial information is presented below: 1 $53000 $ 63000 4000 Operating expenses Sales returns and allowances Sales discounts Sales revenue Cost of goods sold 6000

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Financial information is presented below: 1 $53000 $ 63000 4000 Operating expenses Sales returns and allowances Sales discounts Sales revenue Cost of goods sold 6000 178000 92000 The gross profit rate would be O 0.43 O 0.45

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