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I only need help with part b ( caculate the profit margin and the gross profit rate) Prepare a multiple-step income statement. Sales Sales Revenue
I only need help with part b ( caculate the profit margin and the gross profit rate) Prepare a multiple-step income statement. Sales Sales Revenue $ 375000 Less v : $ 17500 s 375000 9000 Net Sales Costot Coods Sold Cross Profit Operating Experises Fieight Out 6100 Insuranco Expense 13800 Salaries and Wages Expense Rent Expense TotalOperating Expenses Income Before income taves Income Tax Expenue Net Ineone / (Loss) eTextbook and Media List of Accounts Attempts: 3 of 5 used Calculate the profit margin and the gross profit rate. (Round answers to 1 decimal ploce, eg. 15.2\%) Profit margin % Gross profit rate %
I only need help with part b ( caculate the profit margin and the gross profit rate)
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