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From the following data, compute the gross margin as a percentage of net sales: Sales $475,000 Sales returns and allowances95,000 Cost of goods sold 228,000
From the following data, compute the gross margin as a percentage of net sales:
Sales $475,000
Sales returns and allowances95,000
Cost of goods sold 228,000
Operating expenses 95,000
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College Accounting Chapters 1-13
Authors: John Price, M David Haddock, Michael Farina
13th Edition
007743062X, 9780077430627
