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Financial information is presented below: Operating expenses Sales returns and allowances $ 42,000 12,000 Sales discounts 3,000 Sales revenue 165,000 Cost of goods sold

Financial information is presented below: Operating expenses Sales returns and allowances $ 42,000 12,000 Sales discounts 3,000 Sales revenue 165,000 Cost of goods sold 96,000 18% 6% 8% 36% The profit margin would be:

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