Bugsy provided the following operating information during the current year. ...
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Accounting
| Bugsy provided the following operating information during the current year. | ||
| Operating income | $ 185,000 | |
| Selling, general, and administrative costs | 42,000 | |
| Cost of goods sold | 77,500 | |
| What was Bugsys gross margin this year? |
| What was its total revenue this year? |
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