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Financial Information Is Presented Below: Operating Expenses $65,000\quad \$ 65,000 Sales Revenue

Question 130

Multiple Choice

Financial information is presented below: Operating Expenses $65,000\quad \$ 65,000
Sales Revenue 220,000\quad \quad \quad 220,000
Cost of Goods Sold 138,000\quad 138,000 The gross profit rate would be


A) .077.
B) .400.
C) .627.
D) .923.

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