Question
Financial information is presented below: Operating expenses $ 47000 Sales returns and allowances 6000 Sales discounts 9000 Sales revenue 190000 Cost of goods sold 99000
Financial information is presented below:
Operating expenses | $ 47000 |
Sales returns and allowances | 6000 |
Sales discounts | 9000 |
Sales revenue | 190000 |
Cost of goods sold | 99000 |
The profit margin would be
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Accounting Principles
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
9th Edition
978-0470317549, 9780470387085, 047031754X, 470387084, 978-0470533475
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