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Financial Information Is Presented Below The Gross Profit Rate Would Be
A)

Question 30

Multiple Choice

Financial information is presented below:  Operating Expenses $60,000 Sales Revenue 225,000 Cost of Goods Sold 135,000\begin{array} { l r } \text { Operating Expenses } & \$ 60,000 \\\text { Sales Revenue } & 225,000 \\\text { Cost of Goods Sold } & 135,000\end{array} The gross profit rate would be


A) .133.
B) .400.
C) .600.
D) .733.

Correct Answer:

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