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Question 2 (10 points) Last month Hoa Sen Corp. had the following operating results: Sales....... Cost of goods manufactured Beginning finished goods inventory. ..$1,740,000

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Question 2 (10 points) Last month Hoa Sen Corp. had the following operating results: Sales....... Cost of goods manufactured Beginning finished goods inventory. ..$1,740,000 ..$980,000 ..... $22,500 ..$30,000 Ending finished goods inventory What was the gross profit margin for the month?

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