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A company has net sales of $861,000 and cost of goods sold of $571,000. Its...

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Accounting

A company has net sales of $861,000 and cost of goods sold of $571,000. Its net income is $102,900. The company's gross margin and operating expenses, respectively, are: $290,000 and $384,700 $290,000 and $187,100 $290,000 and $102,900 $187,100 and $102,900 $673,900 and $187,100

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