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please make a profit or loss statement including the percent :) this is retail math not exactly accounting but similar 3. This year for the

please make a profit or loss statement including the percent :) image text in transcribed
this is retail math not exactly accounting but similar
3. This year for the Fall period, your entire department was estimated to produce a gross margin of $619,750 because the expenses were estimated at $562500. The projected net profit for the period was set at 4.0%. Set up a skeletal profit/loss statement showing all of the figures in dollars and percentages. (10 points)

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