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Multiple Choice A-- 30.66% B-- 32.91% C-- 53.94% D-- 61.32% Nueva Company reported the following pretax data for its first year of operations. What is

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Multiple Choice

A-- 30.66%

B-- 32.91%

C-- 53.94%

D-- 61.32%

Nueva Company reported the following pretax data for its first year of operations. What is Nueva's gross profit ratio if it elects FIFO? Note: Round your answer to two decimal places e.g., 0.1234 as 12.34%

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