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Financial information is presented below: Operating expenses 46000 2000 Sales returns and allowances Sales discounts Sales revenue Cost of goods sold 8000 186000 108000 The

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Financial information is presented below: Operating expenses 46000 2000 Sales returns and allowances Sales discounts Sales revenue Cost of goods sold 8000 186000 108000 The gross profit rate would be O 0.61. O 0.39. O 0.42. O 0.37

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