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What are some tentative conclusions

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Question - While investigativing a gas retailer, you compute the following ratios:

COGS 83.7%

Gross profit 16.3%

All other expenses 3.4%

Profit before taxes 0.61%

Required - What are some tentative conclusions? You may wish to refer to the IRS ATG ON Gas retailers.

Reference no: EM132756908

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