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Calculate the profit margin and the gross profit rate for each company. (Round answers to 1 decimal place, e.g. 15.5%.) Fill in the missing amounts.
Calculate the profit margin and the gross profit rate for each company. (Round answers to 1 decimal place, e.g. 15.5%.)
Fill in the missing amounts. Yoste Company Noone Company $90,000 $ Sales revenue Sales returns and allowances Net sales Cost of goods sold Gross profit Operating expenses Net income 105000 6000 $5,000 84,000 100,000 58,000 60000 26000 40,000 14,380 23000 11620 17,000Step by Step Solution
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