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Calculate the profit margin and gross profit rate. (Round answers to decimal places, e.g. 1596.) Profit margin Gross profit rate Click if you would like
Calculate the profit margin and gross profit rate. (Round answers to decimal places, e.g. 1596.) Profit margin Gross profit rate Click if you would like to Show Work for this question: Open Show Work Prepare separate entries for each transaction for Carla Vista Company. The merchandise purchased by Tamarisk on June 10 cost Carla Vista $2,620, and the goods returned cost Carla Vista $200. (If no entry is required, select "No entry for the account titles and enter for the amounts, Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) Date Account Tities and Explanation Debit Credit (To record credit ) (To record cost of goods sold)
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