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What is an attractive gross margin and profit margin for a business to be successful? A 10 percent gross margin and a 3 percent profit

What is an attractive gross margin and profit margin for a business to be successful? A 10 percent gross margin and a 3 percent profit margin A 25 percent gross margin and a 5 percent profit margin A 50 percent gross margin or higher and a 10 to 20 percent profit margin If you have a great product that people want, your gross margin and profit margin are not that critical to your success

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