Question: 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%

What is the gross margin percentage based on data below? Revenue

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% 27.09% 52.25%

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