Question
1.If Gross Sale =$8000, cost of good sold = $5,500 and sales returns = $600 and discounts = $250,then gross profit=? 2. When calculating the
1.If Gross Sale =$8000, cost of good sold = $5,500 and sales returns = $600 and discounts = $250,then gross profit=?
2. When calculating the acid-test ratio,inventory is included?
3. What is the gross margin if gross sales= $100,000 and cost of good sold= $55,000 discounts = 5% of gross sales?
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CyRM Mastering The Management Of Cybersecurity Internal Audit And IT Audit
Authors: David X Martin
1st Edition
0367757850, 978-0367757854
