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Financial information is presented below: $ 20000 Operating expenses Sales returns and allowances 9000 Sales discounts 4000 190000 Sales revenue Cost of goods sold 91000

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Financial information is presented below: $ 20000 Operating expenses Sales returns and allowances 9000 Sales discounts 4000 190000 Sales revenue Cost of goods sold 91000 The gross profit rate would be O 0.49. O 0.53. O 0.45. O 0.54

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