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Longmire Corporation provides the following information: Net Sales $400,000 Income from Operations $50,000 What are Operating Expenses? Gross Profit Net Income $160,000 $ 20,000 $110,000.00

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Longmire Corporation provides the following information: Net Sales $400,000 Income from Operations $50,000 What are Operating Expenses? Gross Profit Net Income $160,000 $ 20,000 $110,000.00 Cannot determine from information given. $240,000.00 $350,000.00

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