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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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