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i need to know the gross profit percentage ways Sdits in tecervables 365 days / Accounts receivable turnover ratio 52 days 9. Compute the gross
i need to know the gross profit percentage
ways Sdits in tecervables 365 days / Accounts receivable turnover ratio 52 days 9. Compute the gross profit percentage for the current year (Round your answer to one tenth of a percent. XX%.) Gross profit percentage Gross propit Net sales revenue 322% Financial statements - - Current Year Preceding Year Balance Sheet: Cash CA $ 30,000 23,000 $ 17,000 52,000 Short-term Investments Net Accounts Receivables Merchandise Inventory 22.000 80,000 80,000 11,000 72,000 5.000 Prepaid Expenses Total Current Assets Total Current Liabilities 183,000 209.000 136,000 85.000 Income Statement: Net Credit Sales $ 462.000 313,000 Cost of Goods Sold Step by Step Solution
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