Correct answer---------34%
Working
Sales | $ 625,600.00 |
Cost of goods sold | $ 412,896.00 |
Gross profit | $ 212,704.00 |
Gross profit ratio (212704/625600 x 100) | 34% |
A company has net sales of $625,600 and cost of goods sold of $412,896. The company's...
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