Given the following, what are net sales in dollars (round to the nearest dollar)? Gross sales $583,260 Customer returns & allowances $ 32,662 Gross margin 51.8% Expenses $277,049 Answer: Check Given the following, what is the net sales percent? Gross sales $583,260 Customer returns & allowances $ 32,662 Gross margin Expenses 51.8% $277,049 Answer: Check Given the following, what is the profit percent? Gross sales $583,260 Customer returns & allowances $ 32,662 Gross margin Expenses 51.8% $277,049 Answer: Check Given the following, what are net sales in dollars (round to the nearest dollar)? Cost of merchandise sold Profit Profit $214,261 $ 19,597 4.5% (Remember, whenever you have both the dollars and percent for a factor, you can calculate net sales). Answer: Check Given the following, what is the Gross Margin percent? Cost of merchandise sold Profit Profit $214,261 $ 19,597 4.5% (Remember, whenever you have both the dollars and percent for a factor, you can calculate net sales)