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Mega Skateboard Suppller had net sales of $2.100,000, its cost of goods sold was $1.100.000, and its net income was $700.000. Its gross margin ratio

Mega Skateboard Suppller had net sales of $2.100,000, its cost of goods sold was $1.100.000, and its net income was $700.000. Its gross margin ratio equals: Multiple Choice 33%. 191\%. 48%. 64%. 52%

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