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Assume that for the month ended October 31, 2023, net sales were $36,000, cost of goods sold was $23,200, and income from operations was
Assume that for the month ended October 31, 2023, net sales were $36,000, cost of goods sold was $23,200, and income from operations was $8,700. Calculate the company's gross profit ratios for October and November. (Do not round intermediate calculations. Round your final answers to 2 decimal places.) October November Gross Profit 1.50 % "
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College Accounting A Contemporary Approach
Authors: David Haddock, John Price, Michael Farina
3rd edition
77639731, 978-0077639730
