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Question - Atom & Co.'s total sales during the year is $684,900, and its operating income for the year is $108,600. If its operating expenses for the year are $42,000, what is its markup percent for the year?
a. 7.9%
b. 36.1%
c. 20.3%
d. 28.2%
Prepare the lower portion of the 2021 income statement beginning with income from continuing operations before income taxes. Ignore EPS disclosures
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