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Knowledge Check 01 Network Systems, Incorporated, had net sales of $750,000, cost of goods sold of $562,500, and net income of $100,000. Its gross margin
Knowledge Check 01 Network Systems, Incorporated, had net sales of $750,000, cost of goods sold of $562,500, and net income of $100,000. Its gross margin ratio is closest to: O 4.00. 1.88. O 0.75. O 0.25. O 0.12. 
Network Systems, Incorporated, had net sales of $750,000, cost of goods sold of $562,500, and net income of $100,000. its gross margin ratio is closest to: 4.00 1.88 0.75. 0.25 0.12
Knowledge Check 01 Network Systems, Incorporated, had net sales of $750,000, cost of goods sold of $562,500, and net income of $100,000. Its gross margin ratio is closest to: O 4.00. 1.88. O 0.75. O 0.25. O 0.12.
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