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From the financial information below calculate the profit margin: Operating expenses $ 45,000 Sales returns and allowances 4,000 Sales discounts 6,000 Sales revenue 160,000 Cost

From the financial information below calculate the profit margin:

Operating expenses $ 45,000 Sales returns and allowances 4,000 Sales discounts 6,000 Sales revenue 160,000

Cost of Goods Sold 90,000

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