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Please help me Question 11 A company has net sales of $80,000, cost of goods sold of $60,000, and operating expenses of $25,000. Based on
Please help me
Question 11
A company has net sales of $80,000, cost of goods sold of $60,000, and operating expenses of $25,000. Based on this information, the company's gross profit margin is:
- 80%.
- 42%.
- 75%.
- 25%.
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