A Inc. had the following results for 2020 Sales 1940000 Accounts receivable 10000Cost of sales 318000 Net

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A Inc. had the following results for 2020

Sales 1940000

Accounts receivable 10000Cost of sales 318000

Net income 90000

Calculate A Inc.'s gross profit percentage for 2020.

State youranswer as a percentage and round to two decimal places.

Related Book For answer-question

Cost Accounting A Managerial Emphasis

ISBN: 978-0133392883

6th Canadian edition

Authors: Horngren, Srikant Datar, George Foster, Madhav Rajan, Christ

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Posted Date: Jun 16, 2024 06:29 PM

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A Inc. had the following results for 2020 Sales 1940000 Accounts receivable 10000Cost of sales 318000 Net

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Cost Accounting A Managerial Emphasis

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