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BE5-9 Assume Baja Company has the following account balances: Sales $510,000, Sales Returns and Allowances $15,000, Cost of Goods Sold $350,000, Operating Expenses $110,000. Compute
BE5-9 Assume Baja Company has the following account balances: Sales $510,000, Sales Returns and Allowances $15,000, Cost of Goods Sold $350,000, Operating Expenses $110,000. Compute the following: (a) Net sales $ (b) Gross profit $ (c) Income from operations $ (d) Gross profit rate (Round answer to 1 decimal place, e.g. 10.5.) %
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