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The operating expenses of a manufacturer last month were $5,000.00. This amount was 55% of gross margin, and gross margin was 25% of sales. What

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The operating expenses of a manufacturer last month were $5,000.00. This amount was 55% of gross margin, and gross margin was 25% of sales. What was the dollar value of sales last month for the manufacturer? 12.20% 13% 21.80% 23% 24% 25% 32% 34%

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