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- Your gross sales are $100,000. Your COGS are $0. Your operating expenses are $80,000. What is your:
- Gross profit
- Gross profit margin
- Net profit
- Net profit margin
2. Your gross sales are $100,000. Your COGS are $60,000. Your operating expenses are $50,000. What is your:
- Gross profit
- Gross profit margin
- Net profit
- Net profit margin
3.Which is always higher . . . gross profit or net profit, and why?
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