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Will rate on multiple accounts if all 2 are answered Question 26) You are provided with the following information Cost of goods sold $506,000 Income

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Question 26) You are provided with the following information Cost of goods sold $506,000 Income tax expense $66,300 Operating expenses $200,500 Sales $920,000 The net profit margin would be O a. 16.00%. b. 55.00%. oc. 22.00% O d. 40.00%. MA Question 24) The entry to record a sale of $525 with an estimated return rate of 4% will include a O c. debit to Accounts Receivable for $504. b. debit to Sales for $21. O a. debit to Refund Liability for $21. Oe. debit to cost of goods sold for $525. O d. debit to accounts receivable for $525

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