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Financial information is presented below: $ 22000 5000 Operating expenses Sales returns and allowances Sales discounts Sales revenue Cost of goods sold 5000 150000 108000

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Financial information is presented below: $ 22000 5000 Operating expenses Sales returns and allowances Sales discounts Sales revenue Cost of goods sold 5000 150000 108000 The gross profit rate would be 0.21 0.23 0.26. 0.75

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