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The following information relates to the operations of a restaurant: Food Sales $42,000 Beverage sales $18,000 Cost of food sales $12,600 Cost of beverage sales
The following information relates to the operations of a restaurant:
Food Sales $42,000
Beverage sales $18,000
Cost of food sales $12,600
Cost of beverage sales $4,500
Gross Margin ?
Operating expenses $17,900
What is the gross margin for this firm?
A $17,100
B $42,900
C $30,600
D $39,100
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