Question
Bright Star Retailers had sales of $200,000 and cost of goods sold of $120,000. Calculate the gross profit margin as a percentage and determine the
Bright Star Retailers had sales of $200,000 and cost of goods sold of $120,000. Calculate the gross profit margin as a percentage and determine the gross profit amount.
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Managerial Accounting for Managers
Authors: Eric Noreen, Peter Brewer, Ray Garrison
4th edition
1259578542, 978-1259578540
