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You are given the following information: - Cost of Goods Sold $60,000 - Sales $140,000 - Property, Plant and Equipment $90,000 Based on this, your

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You are given the following information: - Cost of Goods Sold $60,000 - Sales $140,000 - Property, Plant and Equipment $90,000 Based on this, your Gross Margin is and your Fixed Asset Turnover is 57.14%;0.64 57.14%;1.56 42.86%;0.64 42.86%;1.56 None of the other choices is correct

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