Olly Company is a merchandising business that sells dog food. Based on the following information, what is the gross margin for Olly Company?
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Olly Company is a merchandising business that sells dog food. Based on the following information, what is the

gross margin for Olly Company?

  

   Sales Revenue$581,300 Cash 119,700 Accounts Receivable 62,900 Inventory 34,600 Cost of goods sold 418,200 Operating expenses 58,600 

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