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Use the following to answer questions 21-25 The company reports the following amounts in its year-end income statement: 21. $ Determine gross profit 22. $

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Use the following to answer questions 21-25 The company reports the following amounts in its year-end income statement: 21. $ Determine gross profit 22. $ Determine operating expenses 23. $ Determine Income tax expense 24. decimal place). Calculate the gross profit ratio (round to one 25. decimal place). Calculate the profit margin (round to one decimal place)

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