Ratio Analysis} The following information pertains to Perle Corporation's financial results for the past year. Required: Calculate

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Ratio Analysis}

The following information pertains to Perle Corporation's financial results for the past year.

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Required:
Calculate Perle's (1) gross profit margin ratio and (2) net profit margin ratio.

\section*{Cornerstone Exercise

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Cornerstones Of Financial Accounting

ISBN: 9780176707125

2nd Canadian Edition

Authors: Jay Rich, Jefferson Jones, Maryanne Mowen, Don Hansen, Donald Jones, Ralph Tassone

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