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Yellow Co. had gross sales revenue of 1,345,402, cost of goods sold of 659,450, and sales returns of 57,804. Calculate the gross margin rate (gross

Yellow Co. had gross sales revenue of 1,345,402, cost of goods sold of 659,450, and sales returns of 57,804. Calculate the gross margin rate (gross profit rate). Round to 2 decimals (e.g., 0.14)

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