Question
A company has $600 million in sales, and $96 million in promotion allowance on a product that cost $210 million to produce. What is the
A company has $600 million in sales, and $96 million in promotion allowance on a product that cost $210 million to produce. What is the gross margin on the product?
- $96
- $294
- $306
- $390
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Financial Reporting Financial Statement Analysis And Valuation A Strategic Perspective
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9th Edition
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