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Magnom company has net income of $ 6 3 , 2 3 0 and cost of goods sold of $ 2 5 , 7 3

Magnom company has net income of $63,230 and cost of goods sold of $25,730. Its net sales is $52,160. What is Magnom's gross margin ratio:
a.75.00%
b.65.55%
c.50.67%
d.35.95%
e.29.16%
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