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What is the gross profit ratio? Net Income $5,000 Net Sales $100,000 Sales $150,000 Income from Operations $10,000 O a. 30% O b. 10%

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What is the gross profit ratio? Net Income $5,000 Net Sales $100,000 Sales $150,000 Income from Operations $10,000 O a. 30% O b. 10% O c. 20% O d. 5% O e. 33% Gross Profit $30,000

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