Question: Express the gross margin as a percentage based on the following figures: Gross sales $325,000 customer returns 4% billed cost of goods $180,000 freight $789

Express the gross margin as a percentage based on the following figures: Gross sales $325,000 customer returns 4% billed cost of goods $180,000 freight $789 workroom charges $2,500 cash discounts $9,200

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