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Question 5 (1 point) If sales are $375,000, and Cost of Goods Sold equals $220,000, what is the Gross Profit Margin? a) 41.3% Ob) 58.7%

Question 5 (1 point) If sales are $375,000, and Cost of Goods Sold equals $220,000, what is the Gross Profit Margin? a) 41.3% Ob) 58.7% Oc) 32.0% d) 15.0% O e) None of these

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