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Last Year,Rebecca's Bookstore Had $1 Million in Sales

Question 122

Multiple Choice

Last year,Rebecca's Bookstore had $1 million in sales.She spent $590,000 to buy the books that she sold and paid out $300,000 in operating expenses.Interest and taxes came to $3,000.How much profit did Rebecca have for each $1.00 in sales?


A) $0.071
B) $0.107
C) $0.170
D) $0.017

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