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A company's gross profit percentage is 3 0 % . The company offers a 2 5 % qualified employee discount to its key employees and
A company's gross profit percentage is The company offers a qualified employee discount to its key employees and a discount to all other employees. If Kat, a key employee, and Trish, a non key, nonhighly paid employee, each purchase $ worth of company goods, the amount Kat and Trish will include in gross income is:
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Accounting
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
23rd Edition
978-0324662962
