Answered: Aspen Company has sales of $2,000,000,… | bartleby

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Aspen Company has sales of $2,000,000, cost of goods sold of $200,000, and selling
and administrative costs of $500,000. Aspen Company's gross margin is:
A. $1,800,000.
B. $1,500,000.
C. $1,300,000.
D. $1,700,000.

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