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Multiple Choice Question 162 Financial information is presented below: Operating expenses $ 29000 Sales revenue 199000 Cost of goods sold 165000 The profit margin ratio
Multiple Choice Question 162
Financial information is presented below:
Operating expenses $ 29000
Sales revenue 199000
Cost of goods sold 165000
The profit margin ratio would be
(A) 0.97.
(B) 0.83.
(C) 0.17.
(D) 0.03.
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