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Financial information is presented below: Operating expenses $ 27000 Sales revenue 235000 Cost of goods sold 161000 The profit margin ratio would be 0.69. 0.31.
Financial information is presented below:
| Operating expenses | $ 27000 |
| Sales revenue | 235000 |
| Cost of goods sold | 161000 |
The profit margin ratio would be
| 0.69. |
| 0.31. |
| 0.80. |
| 0.20. |
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Introduction to Managerial Accounting
Authors: Peter C. Brewer, Ray H Garrison, Eric Noreen
8th edition
1259917061, 978-1259917066
