murupie Curte! When goods are shipped with freight terms FOB destination in a perpetual inventory system: A. The buyer pays the freight costs and debits inventory B. The buyer pays the freight costs and debits freight expense C. The seller pays the freight costs and debits inventory D. The seller pays the freight costs and debits cost of goods sold E. None of the above Gross Profit Margin is calculated by: A. Subtracting Net Sales from Gross Profit B. Dividing Net Sales by Gross Profit C. Dividing Gross Profit by Sales D. Dividing Net Profit by Gross Profit E. None of the above Gross Profit results from: A. Ensuring the Cost of Goods Sold is included in all purchases B. Subtracting Total Sales from Net Sales C. Subtracting Revenues from Expenses D. Subtracting Cost of Goods Sold from Net Sales F. None of the above