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Given the following information from a profit-and-loss statement, determine the gross margin percentage: Net sales - $80,000 - Net profit - $5,000 - Cost of goods sold - $45,000 |

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Given the following information from a profit-and-loss statement, determine the gross margin percentage: Net sales - $80,000 - Net profit - $5,000 - Cost of goods sold - $45,000 |






 
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