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The following data is from the income statement of Ralston Company: Sales $2,500 Cost of goods sold (1,550) Other expenses (750) Net income $200 The

The following data is from the income statement of Ralston Company: Sales $2,500 Cost of goods sold (1,550) Other expenses (750) Net income $200 The company's gross margin percentage is (Round your answers to three decimal places.):

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