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Sales for company X were $3,000,000. The Cost of Goods Sold was $1,200,000. The Gross Margin is: A. 60% B. 40% C. $1,800,000 D. $1,200,000
Sales for company X were $3,000,000. The Cost of Goods Sold was $1,200,000. The Gross Margin is:
| A. | 60% | |
| B. | 40% | |
| C. | $1,800,000 | |
| D. | $1,200,000 |
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ISE Analysis For Financial Management
Authors: Robert C. Higgins Professor, Jennifer Koski
13th International Edition
1265042632, 9781265042639
