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Financial information is presented below: Operating expenses $ 21000 Sales returns and allowances 7000 Sales discounts 3000 Sales revenue 168000 Cost of goods sold 99000

Financial information is presented below:

Operating expenses $ 21000

Sales returns and allowances 7000

Sales discounts 3000

Sales revenue 168000

Cost of goods sold 99000

The gross profit rate would be

A. 0.42.

B. 0.63.

C. 0.37.

D. 0.35.

I need this by today October 23rd, 2017. Thanks!

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