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If a company has net sales of $700,000 and cost of goods sold of $455,000, the gross profit percentage is O 35% O25% O
If a company has net sales of $700,000 and cost of goods sold of $455,000, the gross profit percentage is O 35% O25% O 100% O 65%
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Intermediate Accounting
Authors: Donald Kieso, Jerry Weygandt, Terry Warfield, Nicola Young,
10th Canadian Edition, Volume 1
978-1118735329, 9781118726327, 1118735323, 1118726324, 978-0176509736
