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Question 5 4 pts Pip, Inc. generated sales revenues of $1,400,000 in 2020. Its cost of goods sold amounted to $560,000. Calculate Pip's gross profit

Question 5 4 pts Pip, Inc. generated sales revenues of $1,400,000 in 2020. Its cost of goods sold amounted to $560,000. Calculate Pip's gross profit percentage. 68% 60% 40% 32%

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