Question
Campus Stop is considering a contract to sell merchandise to a campus organization for $24,000. This merchandise will cost Campus Stop $14,900. What would be
Campus Stop is considering a contract to sell merchandise to a campus organization for $24,000. This merchandise will cost Campus Stop $14,900. What would be the increase or decrease to Campus Stop's gross profit and gross profit percentage? TIP: The impact on gross profit (a dollar amount) may differ from the impact on gross profit percentage. (Round "Gross Profit Percentage" to 1 decimal place.)
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