CP6-3 Part 4

4.

Campus Stop is considering a contract to sell merchandise to a campus organization for $11,000. This merchandise will cost Campus Stop $10,300. 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.)

Gross Profit -----------by--------- Gross Profit Percentage -----------to ----------- %