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Yr 2 Yr 1 Sales 1,200 1,000 COGS 850 700 Operating expenses 200 200 Income taxes 30 35 Jett Co.'s gross profit, operating profit and
Yr 2 Yr 1 Sales 1,200 1,000 COGS 850 700 Operating expenses 200 200 Income taxes 30 35 Jett Co.'s gross profit, operating profit and net profit margins for Year 2 are: O a. 50.0% 32.5% 22.5% respectively. O b. 29.2%, 12.5%, 10.0%, respectively. Oc27.0%, 11.0%, 10.5%, respectively. O d. 21.5%, 17.5%, 12.0%, respectively
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