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Question 43 Assume Sunland Company has the following reported amounts: Sales revenue $999,600, Sales returns and allowances $29,400, Cost of goods sold $646,800, and Operating

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Question 43 Assume Sunland Company has the following reported amounts: Sales revenue $999,600, Sales returns and allowances $29,400, Cost of goods sold $646,800, and Operating expenses $215,600. Net sales (b) Compute gross profit. Gross profit Income from operations (d) Compute the gross profit rate. (Round answer to 1 decimal place, e.g. 25.2%.) Gross profit rate

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