You are given the information below and you are requested to answer the following questions...
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Accounting
You are given the information below and you are requested to answer the following questions (keep your calculations at a side paper because you might need them to answer the questions also) Beginning finished goods, 1/1/2019 $90,000 Ending finished goods. 31/12/2019 577.000 Cost of goods sold $ 270,000 Sales revenue $ 500,000 Operating expenses $ 155,000 Question: What is gross margin for 2019 A $230.000 0.5283.000 C. 5 257.000 05355.000
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