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The Greenway Company reported the following income for 2019: Sales $35,000 Cost of goods sold 9,000 Gross margin $26,000 Selling and administrative expense 10,000 Miscellaneous

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The Greenway Company reported the following income for 2019: Sales $35,000 Cost of goods sold 9,000 Gross margin $26,000 Selling and administrative expense 10,000 Miscellaneous expense 2,500 Operating income $13,500 Interest expense 4,000 Net income $9,500 What is the company's net margin? Question 32 options: O 27% 19% O 39% 74%

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