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For Sales of $100,000, with CGS of $70,000, Expenses of $5,000, and NI $25,000, the gross profit (margin) would equal: a) $70,000 b) $30,000 c)

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For Sales of $100,000, with CGS of $70,000, Expenses of $5,000, and NI $25,000, the gross profit (margin) would equal: a) $70,000 b) $30,000 c) $15,000

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