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Snow Sales Ltd.'s net sales were $856,600. Its cost of goods sold was $226,810. Its profit was $33,750. Its gross profit ratio was 1) 73.5%

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Snow Sales Ltd.'s net sales were $856,600. Its cost of goods sold was $226,810. Its profit was $33,750. Its gross profit ratio was 1) 73.5% 2) 3.9% 3) 14.9% O4) 35% 5) 285.7%

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