|fthe selling price is calculated from the cost of goods sold, a price based on 20% sales
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|fthe selling price is calculated from the cost of goods sold, a price based on 20%
sales margin will result in a lower selling price than cost plus 20%.
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Related Book For 
Accounting A Smart Approach
ISBN: 9780199674916
2nd Edition
Authors: Mary Carey, Jane Towers-Clark, Cathy Knowles
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