17 Tress Industries also provides the following data for 2001 Profit margin (net income) ratio 10 Sales $100,000 Gross margin ratio 40 Operating expenses for 2001 were a $10,000 b $40,000 c $30,000 d Not able to determine from above information 17 Tress Industries also provides the following data ...

The operating expenses for Tress Industries for ...

17. Tress Industries also provides the following data for 2001: Profit margin (net income) ratio 10%...

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Financial and Managerial Accounting

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