The sales for Jadco were $384,000 and cost of goods sold was $134,400. What is the companys
Question:
The sales for Jadco were $384,000 and cost of goods sold was $134,400.
What is the company’s gross profit margin (ratio of gross profit to sales)?
a. 45%
b. 65%
c. 56%
d. 35%
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Related Book For 
Principles Of Islamic Accounting
ISBN: 9781119023296
1st Edition
Authors: Nabil Baydoun, Maliah Sulaiman, Roger J. Willett, Shahul Ibrahim
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