From the following data, compute the gross margin as a percentage of net sales: Sales $475,000 Sales
Fantastic news! We've Found the answer you've been seeking!
Question:
From the following data, compute the gross margin as a percentage of net sales: Sales $475,000 Sales returns and allowances 95,000 Cost of goods sold 228,000 Operating expenses 95,000
Group of answer choices
55%
45%
35%
40%
Posted Date: