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In the window replacement file, a job produced revenue of $112,000 and gross profit of $28,000. What gross margin percentage did it earn?

Correct Answer

C) 25 percent.

Gross margin is gross profit divided by revenue: $28,000 / $112,000 = 25 percent.

Answer Options
A
20 percent.
B
22 percent.
C
25 percent.
D
30 percent.

Why This Is the Correct Answer

Gross margin is gross profit divided by revenue: $28,000 / $112,000 = 25 percent.

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