Question: Calculate the Gross Profit Margin using the values below: From the Income Statement: Sales = $800,000 COGS = $600,000 Rent = $75,000 Utilities = $8,000

Calculate the Gross Profit Margin using the values below: From the Income Statement: Sales = $800,000 COGS = $600,000 Rent = $75,000 Utilities = $8,000 Office expenses = $2,500 Interest = $4,000 Taxes = $12,000

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