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Find the gross profit margin ratio

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Reference no: EM131629258

Question: 1. Find the gross profit margin ratio if The Premier Eatery had net sales of $392,054 and its cost of goods sold was $179,515.

2. Proud Larry's Grill reported net sales of $289,512 and had average total assets of $145,753. Find its asset turnover ratio.

Reference no: EM131629258

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