What is the gross margin

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An online retailer sells pet supplies via Amazon. The business is stable, demand, prices and monthly sales do not change from month to month. The business has 1000 Cash and 4000 in inventories. Amazon will soon make a payment of 10,000 from last month's sales. Each month the company needs to pay 4000 to suppliers and 4000 debt service to the bank. The company does not have any other assets or liabilities. What is the Gross Margin?

Reference no: EM133125369

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