Using the financial information is presented below: Operating Expenses$ 55,000 Sales Returns and Allowances 13,000 Sales Discount
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Question:
Using the financial information is presented below:
Operating Expenses$ 55,000
Sales Returns and Allowances 13,000
Sales Discount 6,000
Sales 160,000
Costs of Goods Sold 77,000
Thegross profit rate would be:
.538
.546
.500
.454
Posted Date: