Financial information is presented below: Operating expenses $ 33000 ...
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Accounting
Financial information is presented below:
| Operating expenses | $ 33000 |
| Sales returns and allowances | 7000 |
| Sales discounts | 3000 |
| Sales revenue | 176000 |
| Cost of goods sold | 103000 |
The profit margin ratio would be
Select answer from the options below
0.38.
0.18.
0.36.
0.17.
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