What are its gross margin-operating profit

Reference no: EM13335846

A sporting goods store with sales for the year of $400,000 and other income of $32,000 has operating expenses of $123,000. Its cost of goods sold is $207,000. What are its gross margin, operating profit, and net profit in dollars?

Reference no: EM13335846

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What are its gross margin-operating profit : A sporting goods store with sales for the year of $400,000 and other income of $32,000 has operating expenses of $123,000. Its cost of goods sold is $207,000. What are its gross margin, operating profit, and net profit in dollars?

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