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The following data is from the income statement of Orange Company: Sales $800 Cost of Goods Sold (500) Other Expenses (200 Net Earnings $100 The

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The following data is from the income statement of Orange Company: Sales $800 Cost of Goods Sold (500) Other Expenses (200 Net Earnings $100 The company's gross margin percentage is: O a. 12.5% O b. 60.0%. c. 37-5% Od. 62.5%

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