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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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