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You want to own and operate a retail business and before you dive into your...

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Accounting

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You want to own and operate a retail business and before you dive into your own retail store you decide to examine the inventoryand sales of two publicly traded retailers. You were able to obtain the following summarized information for Cullumber Goods Inc. and Marin Refunded Ltd: (a) Calculate the gross margin and gross margin ratio. (Round gross margin rotio to 1 decimal place, eg. 61.5% )

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