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Calculate gross profit and gross margin

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Looking for the gross profit and gross margin from the following data:

Inventory 12/31 $25,000
Purchase $120,000
Freight-in $5,000
Sales $225,000
Property tax $10,000
Depreciation $20,000
Insurance $8,000
Salary-Sales staff $20,000
Advertising $6,000

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The expert examines calculate gross profit and gross margin.

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Revenues
Sales---$225,000
Cost of goods Sold
Purchases---------------$120,000
Inventory ...

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