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Oriole Corporation reported net sales of $166,000, cost of goods sold of $99,600, operating expenses of $36,200, other expenses of $13,600, net income of $16,600

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Oriole Corporation reported net sales of $166,000, cost of goods sold of $99,600, operating expenses of $36,200, other expenses of $13,600, net income of $16,600 Calculate the following values: (Round answers to 0 decimal ploces, e.s. 15\%) 1. Profit margin 2. Gross profit rate

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