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Common operating expenses of the firm were $180,000. Do not use negative signs with any of your answers below. b. Calculate the gross profit percentage
Common operating expenses of the firm were $180,000. Do not use negative signs with any of your answers below. b. Calculate the gross profit percentage for each department. Round to the nearest whole percentage. Appliance department o1 Fumiture department c. If the common expenses were allocated 70% to the appliance department and 30% to the furniture department, what would the net income be for each department? Do not use negative signs with any of your answers below
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