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Mega Skateboard Supplier had net sales of $3,700,000, its cost of goods sold was $1,400,000 and its net income was $900,000. Its gross margin
Mega Skateboard Supplier had net sales of $3,700,000, its cost of goods sold was $1,400,000 and its net income was $900,000. Its gross margin ratio equals: Multiple Choice O O O 0 62% 64%. 38%. 24% 264%
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