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XYZ Company's income statement includes the following information: revenue $200,000, cost of goods sold $80,000, operating expenses $60,000, interest expense of $20,000 and income taxes

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XYZ Company's income statement includes the following information: revenue $200,000, cost of goods sold $80,000, operating expenses $60,000, interest expense of $20,000 and income taxes of $20,000. Please calculate the gross margin and gross margin percentage, operating income and the operating income percentage, net income and the net income percentage and the effective tax rate. Attach File Browse My Computer

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