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good afternoon l. I would like help to this question Ivanhoe Ltd. Sales Cost of goods sold Gross profit Operating expenses Income from operations Other
good afternoon l. I would like help to this question
Ivanhoe Ltd. Sales Cost of goods sold Gross profit Operating expenses Income from operations Other income Other expenses Income before income tax Income tax expense Net income $1,440,000 662,400 777,600 581,000 196,600 3,800 37,680 Blossom Ltd. $2,117,000 1,164,350 952,650 310,000 0 4,300 Calculate the gross profit margin and profit margin for each company. (Round your answers to 1 dedimel pluce, es 5.2% )
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