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Grouper Corp. reported net sales $590,000, cost of goods sold $330,400, operating expenses $180,000, and net income $56,050. Calculate the profit margin and gross
Grouper Corp. reported net sales $590,000, cost of goods sold $330,400, operating expenses $180,000, and net income $56,050. Calculate the profit margin and gross pront rate. (Round Profit margin answer to 2 decimal places, eg. 10.20%. Round Gross profit rate answer to O decimal place, eg. 10%) Profit margin Gross profit rate % %
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International Accounting
Authors: Timothy Doupnik, Hector Perera
4th edition
77862201, 978-0077760298, 77760298, 978-0077862206
