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Sheridan Services and Supplies reports net income of $68000 and cost of goods sold of $369000. If Sheridan's gross profit rate was 40K, net rales

Sheridan Services and Supplies reports net income of $68000 and cost of goods sold of $369000. If Sheridan's gross profit rate was 40K, net rales were $922500. $615000. $689500. $990500

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