Question: Help Determine gross margin for a company which has sales of $3,000,000; cost of goods sold of $2,800,000 and net income of $450,000 A) 30%

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Help Determine gross margin for a company which has sales of $3,000,000;

Determine gross margin for a company which has sales of $3,000,000; cost of goods sold of $2,800,000 and net income of $450,000 A) 30% B) 15% C) 70% D) 10%

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