Mleek1224 Mleek1224
  • 08-04-2024
  • Business
contestada

Network Systems, Incorporated, had net sales of $750,000, cost of goods sold of $562,500, and net income of $100,000. Its gross margin ratio is closest to:
A. 4.00.
B. 1.88.
C. 0.75.
D. 0.25.
E. 0.12.

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