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Sales for a firm are $600,000, cost of goods sold are $400,000, and interest expenses are $25,000. What is the gross profit margin? Question 27
Sales for a firm are $600,000, cost of goods sold are $400,000, and interest expenses are $25,000. What is the gross profit margin?
Question 27 options:
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A) | 20.0% |
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B) | 16.0% |
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C) | 25.0% |
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D) | 66.67% |
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