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Kiger, Inc., sells merchandise for $3,500. The cost of the item sold is $1,600, and the expenses of shipping the item to the buyer, paid
Kiger, Inc., sells merchandise for $3,500. The cost of the item sold is $1,600, and the expenses of shipping the item to the buyer, paid by Kiger, are $150. Kiger's gross margin on this sale is $
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Financial Accounting
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
7th Edition
1118725786, 978-1118725788
