Question: Note the following figures: Net Profit: 2 . 5 % Gross Margin $ 7 0 0 0 Operating expenses $ 6 , 6 0 0

Note the following figures:
Net Profit:
2.5%
Gross Margin
$7000
Operating expenses
$6,600
Find:
a. The cost of goods in dollars.
b. The percentage of operating expenses.
Note the following figures: Net Profit: 2.5% Gross Margin $7000 Operating

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