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Local Co . has sales of $ 1 0 . 2 million and cost of sales of $ 6 . 5 million. Its selling, general
Local Co has sales of $ million and cost of sales of $ million. Its selling, general and administrative expenses are$ comma and its research and development is $ million. It has annual depreciation charges of $ million and a tax rate of Locals gross margin is its operating margin is and its net profit margin is If Local Co had an increase in selling expenses of $ comma how would that affect each of its margins?
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