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A company reported revenues of $377,000, cost of goods sold of $122,000, selling expenses of...

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Accounting

A company reported revenues of $377,000, cost of goods sold of $122,000, selling expenses of $12,000, and total operating costs of $72,000. Gross margin for the year is ________. A. $255,000 B. $171,000 C. $293,000 D. $243,000

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