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The operating expense percentage indicates the portion of net sales going to the operation's expenses. Operating expenses include marketing and other expenses not directly related

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The operating expense percentage indicates the portion of net sales going to the operation's expenses. Operating expenses include marketing and other expenses not directly related to marketing the product, such as indirect overhead assigned to this product. It is calculated by dividing by (NOTE: you must select TWO answers) Select one or more: a. Gross Sales b. Total expenses O c. Net sales d. Net profits

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