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What is the correct calculation for the operating expense percentage ratio a. Cost of Goods Sold / Gross Sales b. Cost of Goods Sold /

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What is the correct calculation for the operating expense percentage ratio a. Cost of Goods Sold / Gross Sales b. Cost of Goods Sold / Net Sales. c. Total Selling, General and Administrative Expenses Gross Sales. d. Total Selling, General and Administrative Expenses Ner Sales

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