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According to the 424B4 filed by Dropbox on March 23rd, 2018, Dropbox had gross margins of...

According to the 424B4 filed by Dropbox on March 23rd, 2018, Dropbox had gross margins of over 75%, for the year ended December 31st, 2017. true or false

Solutions

Expert Solution

False

Gross margin =

737.9/ 1106.8 = 66.67%

/

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