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Moon, Inc., had the following income statement figures: Sales 560,000, Cost of Sales (340,000), Gross Margin 220,000, Operating Expenses 160,000, net income 60,000 Calculate component

Moon, Inc., had the following income statement figures:

Sales 560,000, Cost of Sales (340,000), Gross Margin 220,000, Operating Expenses 160,000, net income 60,000

Calculate component percentages for this information

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