Question
For the most recent period. Patricia Corporation recorded the following information: Total sales = $102000. Selling price = $ 10/un it. Product cost = $2/unit.
For the most recent period. Patricia Corporation recorded the following information:
Total sales = $102000. Selling price = $ 10/un it. Product cost = $2/unit.
What was Patricia Corporation's gross margin for the period?
O $51000 O $81600 O $122400 O $183600
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Farmers Irs Audit Techniques Guide
Authors: Internal Revenue Service
1st Edition
1304134237, 978-1304134233
