Question: please solve What is the gross margin percentage based on data below? Revenue $197,500 Discounts and $13,850 allowances Cost of goods sold Operating expenses $98,900

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What is the gross margin percentage based on data below? Revenue $197,500 Discounts and $13,850 allowances Cost of goods sold Operating expenses $98,900 $35,000 49% 42.91% 46.15% 0 27.09% 52.25%
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