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What is spitzers gross profit rate

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Reference no: EM132518663

Below is year-end information for Spitzer Inc.

Question 1: What is Spitzer's Gross Profit Rate?

Question 2: What is Spitzer's Profit Margin?

Net Sales                                $900,000

COGS                                    $510,000

Operating expenses                 $160,000

Non-operating expenses            $20,000

Income tax Expense                 $60,000

Reference no: EM132518663

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