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Question - A company has net sales of $795,800 and cost of goods sold of $574,800. Its net income is $28,030. What the company gross margin and operating expenses?
a. $249,500 and $546,770
b. $221,000 and $192,970
c. $221,000 and $249,500
d. $546,770 and $249,500
e. $767,300 and $192,970
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