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What is its gross profit and its gross profit rate

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1. Reese Co. has sales revenue of $105,000, cost of goods sold of $70,000, and operating expenses of $20,000.What is its gross profit and its gross profit rate?

Reference no: EM131143741

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What is its gross profit and its gross profit rate : Reese Co. has sales revenue of $105,000, cost of goods sold of $70,000, and operating expenses of $20,000.What is its gross profit and its gross profit rate?
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