Question
Ziehart Pharmaceuticals reported Net Sales of $191,000 and Cost of Goods Sold of $64,500. Candy Electronics Corp. reported Net Sales of $49,000 and Cost of
Ziehart Pharmaceuticals reported Net Sales of $191,000 and Cost of Goods Sold of $64,500. Candy Electronics Corp. reported Net Sales of $49,000 and Cost of Goods Sold of $36,600. Calculate the gross profit percentage for both companies. (Round your answers to 1 decimal place.)
Gross profit of Ziehart Pharmaceuticals:
gross profit of Candy Electronics:
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Skills For Accounting And Auditing Research
Authors: Shelby Collins
2nd Edition
1618530747, 9781618530745
