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The following information was drawn from the annual reports of the two companies. Company A. Company B Sales revenue. 1,000 2,000 Cost of goods sold.

The following information was drawn from the annual reports of the two companies. Company A. Company B

Sales revenue. 1,000 2,000 Cost of goods sold. (600). (1,100) Gross Margin 400. 900 Operating Expenses. (220). (700) Operating Income. 180. 200 Gain on the sale of equipment. 150. 0 Net sales. 330. 200

Based on this information, Company A's gross margin percentage is?

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The following information was drawn from the annual report

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