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Gross profit is derived from * O (a) Sales 0 (b) Beginning and Ending inventory O (c) Cost of goods sold o (a) & (b)
Gross profit is derived from * O (a) Sales 0 (b) Beginning and Ending inventory O (c) Cost of goods sold o (a) & (b) but not (c) O (a), (b) & (C) Compaq's accounts receivable turnover rate was 5.7 for this year and 5.4 for last year. Dell's turnover rate was 6.8 for this year and 7 for last year. This means that O Dell has the better turnover rate for both years. O Compaq has the better turnover rate for both years. O Dell's turnover rate is improving. O Compaq's turnover rate is improving. Dell has the better turnover rate for both years and Compaq's turnover rate is improving Marshalls Retailing now carries the Fabletics yoga pants line of athletic wear. Marshalls needs to ensure that the new line contributes no less to their profit than other clothing lines it carries. The Fabletics line needs to provide a 49.5% gross profit margin percentage. Marshalls buys the Fabletics yoga pants at a cost of $12 per pair. At what price should Marshalls sell the Fabletics Yoga pants? 0 $17.82 O $23.30 O $18.18 O $6.18 None of these answers is correct
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