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Heureka Supplies had Sales of $200,000 and Cost of Goods Sold of $105,000. What is Heureka's gross profit ratio? 47.5% 52.5% 90.5% 65.6%

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Heureka Supplies had Sales of $200,000 and Cost of Goods Sold of $105,000. What is Heureka's gross profit ratio? 47.5% 52.5% 90.5% 65.6%

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