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Gerome International provides the following information relating to customers: A B C D E Total Sales $200,000 $900,000 $750,000 $500,000 $460,000 $2,810,000 COGS $75,000 $650,000
Gerome International provides the following information relating to customers: A B C D E Total Sales $200,000 $900,000 $750,000 $500,000 $460,000 $2,810,000 COGS $75,000 $650,000 $490,000 $280,000 $350,000 $1,845,000 Selling costs $14,000 $85,000 $60,000 $45,000 $31,000 $235,000 Gerome International wants to identify its premium customers, i.e., customers who have an operating margin ratio of 30% or more. Which customers will qualify as premium customers? ANSWER Unselected Customer A and customer D Unselected Customer B and customer C Unselected Customer A, customer B, and customer E Unselected Customer A, customer C, and customer D Unselected I DON'T KNOW YET
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