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Given the Following Information Extracted from the Income Statement of Widget

question 90

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Given the following information extracted from the income statement of Widget Company ( Widget Company has no depreciation or amortization expenses) ,
Given the following information extracted from the income statement of Widget Company ( Widget Company has no depreciation or amortization expenses) ,     The gross profit margin and operating margin for Widget Company are closest to:  A)  GPM = 26.67%; OM = 17.78% B)  GPM = 17.78%; OM = 26.67% C)  GPM = 53.33%; OM = 14.44% D)  GPM = 14.44%; OM = 53.33%
The gross profit margin and operating margin for Widget Company are closest to:


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