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Using the following information: 2015 Gross profit $7,500 Tax rate 35.0% Operating profit $400 Operating profit margin 2.0% What is the CGS? Select one: a.
Using the following information: 2015 Gross profit $7,500 Tax rate 35.0% Operating profit $400 Operating profit margin 2.0% What is the CGS? Select one: a. $12,500 O b. $7,500 c. $7,100 O d. None of the above
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