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Local Co . has sales of$ 1 0 . 6 million and cost of sales of$ 6 . 4 million. Its selling , general and
Local Co has sales of$million and cost of sales of$million. Itsselling general and administrative expenses
are$and its research and development is$million. It has annual depreciation charges of$million and a tax rate ofa What isLocals grossmarginb What isLocals operatingmarginc What isLocals net profitmargina What isLocals grossmarginLocals gross margin isnothing
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