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Financial information is presented below: $24000 27000 Operating expenses Sales returns and allowances Sales discounts Sales revenue Cost of goods sold 3000 180000 105000 The

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Financial information is presented below: $24000 27000 Operating expenses Sales returns and allowances Sales discounts Sales revenue Cost of goods sold 3000 180000 105000 The company's gross profit rate is: 0.70. 0.42. 0.25. 0.30

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