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OSS Gross profit ratio 106 Willaby Company had net sales of $248.000 and cost of goods sold of S114,080. Caleulate and interpret the gross profit

OSS Gross profit ratio 106 Willaby Company had net sales of $248.000 and cost of goods sold of S114,080. Caleulate and interpret the gross profit ratio, assuming the gross profit ratio for the industry is an average of

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