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A company shows the following balances..... Sales $1,000,000 Sales Returns and Allowances $180,000 Sales Discounts $20,000 Cost of Goods Sold $560,000 What is the gross
A company shows the following balances..... Sales $1,000,000 Sales Returns and Allowances $180,000 Sales Discounts $20,000 Cost of Goods Sold $560,000 What is the gross profit percentage? 44 percent 70 percent 30 percent 56 percent
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