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answer the questions What classifies you as a merchandiser? If I give you net sales, and Gross Profit, can you back into what COGS is?
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What classifies you as a merchandiser? If I give you net sales, and Gross Profit, can you back into what COGS is? Sales - COGS = Gross Profit. Please know this formula: Beginning Inventory + Purchases = Goods available for sale - Ending Inventory = COGS. That's all I'm going to say. What is the formula for Gross Margin Ratio? Look it up and then just plug and play to get the answer. What does 2/10, N/ 30 mean
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Auditing Cases An Active Learning Approach
Authors: Mark S. Beasley, Frank A. Buckless, Steven M. Glover, Douglas F. Prawitt
2nd Edition
0130674842, 978-0130674845
