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Use the following information to answer question below: Cost of goods sold..... $434,000 Income tax expense.. 67,200 Operating expenses.......... 344,000 Sales....... 1,100,000 The gross profit
Use the following information to answer question below: Cost of goods sold..... $434,000 Income tax expense.. 67,200 Operating expenses.......... 344,000 Sales....... 1,100,000 The gross profit margin would be Select one: O 29.3% O 39.5%. O 23.2%. O 60.5%
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