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I need the profit percent for b. please thanks I cannot figure it out Determining Gross Profit During the current year, merchandise is sold for

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I need the profit percent for b.

please thanks I cannot figure it out

Determining Gross Profit During the current year, merchandise is sold for $642,000. The cost of the goods sold is $378,780, a. What is the amount of the gross profit? 263,220 b. Compute the gross profit percentage (gross profit divided by sales). % c. Will the income statement always report a operating income? No

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