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Calculate Gross Margin % Given the following information: Retail Cost Opening inventory Gross Purchase Return to Vendors Transfer In Transfer Out Freight Markdowns Gross Sales

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Calculate Gross Margin % Given the following information: Retail Cost Opening inventory Gross Purchase Return to Vendors Transfer In Transfer Out Freight Markdowns Gross Sales Customer Returns Employee Discount Cash Discount Alterations $68,000 $130,901 $13,043 $210 $900 $790 $690 $23,000 $330 $1,313 $1,030 $6,102 $33,901 $4,302 $530 $927 $112

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