Question: Net income is $ 1 5 , 0 0 0 , operating expenses are $ 2 0 , 0 0 0 , income tax expense

Net income is $15,000, operating expenses are $20,000, income tax expense is $3,000, and sales are $75,000. Gross profit margin is
51%
73%
47%
49%
Net income is $15,000, operating expenses are $20,000, income tax expense

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