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Use the following selected data from Business Solutions's income statement for the three months ended March 31, 2016, and from its March 31, 2016, balance

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Use the following selected data from Business Solutions's income statement for the three months ended March 31, 2016, and from its March 31, 2016, balance sheet to complete the requirements below. computer services revenue, $28,318; net sales (of goods), $21,744; total sales and revenue, $50,062, cost of goods sokl, $15,132, net income, $18.324; quick assets, $89,888; cument assets, $95,696, total assets, $123,320 current liabilities, $840, total liabilities, $840, and total equity, $122,480. Required: 1. Compute the gross margin ratio (both with and without services revenue) and net profit margin ratio. (Round your percentage answers to 1 decimal place.) th Service Without Service Revenue Revenue Gross margin ratio Net profit margin ratio

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