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  3. company's gross profit was $88,890 and its net sal

company's gross profit was $88,890 and its net sales were $366,100. Its gross margin ratio...

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Question

Accounting

company's gross profit was $88,890 and its net sales were $366,100. Its gross margin ratio equals: (Round your answer to one decimal place.)

rev: 09_29_2015_QC_CS-27471

75.7%.

4.1%.

$88,890.

24.3%.

$366,100.

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