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Local Co . has sales of $ 1 0 . 2 million and cost of sales of $ 6 . 1 million. Its selling, general
Local Co has sales of $ million and cost of sales of $ million. Its selling, general and administrative expenses are $ and its research and development is $ million. It has annual depreciation charges of $ million and a tax rate of
a What is Local's gross margin?
b What is Local's operating margin?
c What is Local's net profit margin?
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