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Please help me Question 10 ABC Manufacturing has net sales of $150,000, cost of goods sold of $95,000, and operating expenses of $30,000. The gross

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Question 10

ABC Manufacturing has net sales of $150,000, cost of goods sold of $95,000, and operating expenses of $30,000. The gross profit margin rounded to the nearest percentage is

  1. 17%.
  2. 37%.
  3. 15%.
  4. 40%.

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