Question
If a company has net sales of $250000 and a cost of goods sold of $178000, the gross profit margins a-71.2% b-100.0% c- 8.8% d-
If a company has net sales of $250000 and a cost of goods sold of $178000, the gross profit margins
a-71.2%
b-100.0%
c- 8.8%
d- 14.4%.
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Accounting Principles
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
9th Edition
978-0470317549, 9780470387085, 047031754X, 470387084, 978-0470533475
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