What is local gross margin

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Local Co. has sales of 10.9 million and cost of sales of 6.4 million. Its selling, general and administrative expenses are 480,000 and its research and development is 1.1. million. It has annual depreciation charges of 1.1 million and a tax rate of 35%.

- What is Local's gross margin

- What is locals operating margin

- What is locals net profit margin

Reference no: EM132848158

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