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Amount Net sales $ 982,000 Cost of Goods Sold $ 576,000 Gross Profit $ 406,000 Net Income $ 144,000 Calculate the percent of net sales,
| Amount | |
| Net sales | $ 982,000 |
| Cost of Goods Sold | $ 576,000 |
| Gross Profit | $ 406,000 |
| Net Income | $ 144,000 |
Calculate the percent of net sales, cost of goods sold, gross profit, and net income from the data in the chart above.
| Amount | Percent | ||
| Net sales | $ 982,000 | ||
| Cost of Goods Sold | $ 576,000 | ||
| Gross Profit | $ 406,000 | ||
| Net Income | $ 144,000 |
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ISE Financial Accounting
Authors: Robert Libby, Patricia Libby, Frank Hodge Ch
11th Edition
1265083924, 9781265083922
