A consumer products company reported a 5.4 percent increase in sales from 2017 to 2018. Sales in

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A consumer products company reported a 5.4 percent increase in sales from 2017 to 2018. Sales in 2017 were $29,600. In 2018, the company reported cost of sales in the amount of $9,107. What was the gross profit percentage in 2018?

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Financial Accounting

ISBN: 978-1259105692

6th Canadian edition

Authors: Robert Libby, Patricia Libby, Daniel G Short, George Kanaan, Maureen Sterling

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Question Posted: Dec 04, 2019 11:38 AM

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A consumer products company reported a 5.4 percent increase in sales from 2017 to 2018. Sales in

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Financial Accounting

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