Question
A consumer products company reported a 25 percent increase in sales from last year to this year. Sales last year were $260,000. This year, the
A consumer products company reported a 25 percent increase in sales from last year to this year. Sales last year were $260,000. This year, the company reported Cost of Goods Sold in the amount of $193,050. What was the gross profit percentage this year?
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Essentials Of Cost Accounting For Health Care Organizations
Authors: Steven A. Finkler
1st Edition
0834205289, 978-0834205284
