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Financial information is presented below: Operating expenses $55000 Sales returns and allowances $3000 Sales discounts $9000 Sales revenue $200000 Cost of goods sold $87000 The
Financial information is presented below:
- Operating expenses $55000
- Sales returns and allowances $3000
- Sales discounts $9000
- Sales revenue $200000
- Cost of goods sold $87000
The profit margin would be?
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