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Last year, Jenesis Enterprises Limited reported revenues of $ 1 2 , 6 5 9 , 0 0 0 , a gross profit of $

Last year, Jenesis Enterprises Limited reported revenues of $12,659,000, a gross profit of $4562700, EBIT of $2683183, and net income of $962,084. Compute Jenesis s gross profit margin:
Question 9 Answer
a.
0.36
b.
0.21
c.
4.74
d.
1.70

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