Question: Financial information is presented below: Operating expenses Sales returns and allowances Sales discounts Sales revenue Cost of goods sold $ 45,000 3.000 7,000 160,000 96,000

Financial information is presented below: Operating expenses Sales returns and allowances Sales discounts Sales revenue Cost of goods sold $ 45,000 3.000 7,000 160,000 96,000 The profit margin would be .12 0.06. 05. 0.36

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