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III. Gross Profit (4 marks) The following reflects sales of Polysask Co. for the years 2013 and 2014. Net Sales Cost of Goods Sold 2013
III. Gross Profit (4 marks) The following reflects sales of Polysask Co. for the years 2013 and 2014. Net Sales Cost of Goods Sold 2013 $ 385,000 $ 250,250 2014 $ 415,000 $ 257,300 a) Calculate the gross profit from sales for each year. b) Calculate the gross profit ratio for each year - show formula
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Investing Amid Low Expected Returns Making The Most When Markets Offer The Least
Authors: Antti Ilmanen
1st Edition
1119860199, 978-1119860198
