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Net sales Cost of goods sold Profit for the year 2024 $974,000 613,620 74,024 2023 $802,000 500,448 64,962 calculate the gross profit margin in percent

Net sales Cost of goods sold Profit for the year 2024 $974,000 613,620 74,024 2023 $802,000 500,448 64,962

calculate the gross profit margin in percent for year 2024 and 2023 and the profit margin for 2024 and 2023

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