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Financial information is presented below: Operating Expenses $ 94000 Sales Returns and Allowances 18000 Sales Discounts 12000 Sales Revenue 280000 Cost of Goods Sold 174000
Financial information is presented below:
Operating Expenses | $ 94000 |
Sales Returns and Allowances | 18000 |
Sales Discounts | 12000 |
Sales Revenue | 280000 |
Cost of Goods Sold | 174000 |
The gross profit rate would be
30.4%.
24.8%.
35.1%.
21.0%.
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