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SUN Inc., had the following income statement figures below. Calculate component percentages for the income statemen$ Sales 5 6 0 , 0 0 0 Cost

SUN Inc., had the following income statement figures below.
Calculate component percentages for the income statemen$
Sales 560,000
Cost of sales -340,000
Gross margin 220,000
Operating expenses -160,000
Net income 60,000t.

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