Brief Exercise 5-14 Bramble Corp. reported net sales $840,000; cost of goods sold $546,000; operating expenses...

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Question

Brief Exercise 5-14 Bramble Corp. reported net sales $840,000; cost of goods sold $546,000; operating expenses $220,500; and

Answer 1

Answer #1

Solution

Profit Margin	8.5%
Gross profit rate	35.0%

Working

Answer 2

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