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Net sales 300,000 COGS 230,000 Gross Profit 70,000 Owners equity 25,000 Net Income 450,000 What is the gross profit margin? Please Help Thank you!

Net sales 300,000

COGS 230,000

Gross Profit 70,000

Owners equity 25,000

Net Income 450,000

What is the gross profit margin?

Please Help

Thank you!

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