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Financial information is presented below: Operating expenses $33000 Sales returns and 4500 allowances Sales discounts 5500 Sales revenue 156000 Cost of goods sold 102000
Financial information is presented below: Operating expenses $33000 Sales returns and 4500 allowances Sales discounts 5500 Sales revenue 156000 Cost of goods sold 102000 The profit margin ratio would be C-0.16 0 0.08 -0.30. 0.07.
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Accounting Principles
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
10th Edition
1119491630, 978-1119491637, 978-0470534793
