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the gross profit rate represents:

the gross profit rate represents:
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2. asked by Anonymous
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If the gross profit rate on the sale of a radio is 28% of the selling price, what is the gross profit rate based on the cost of
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2. asked by anonymous
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A business has a rate of return of seven times. At one time the business had an average stock of sh 142,000. The trade discounts
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2. asked by Mesh
3. 447 views
Which of the following is the common balance sheet layout?A. assets = liability + owner’s equity B. profit = revenue – total
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2. asked by lauren
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The sales revenue of one of the hotels was $900000. The gross profit was $315 000. Calculate the gross profit margin
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2. 21 views
I am trying to figure out the cost of merchandise destroyed on Feb. 7th given the following information:Jan 1. Merchandise
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2. asked by Kingram
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Create a table comparing the gross profit for this product’s sales for the month of June under each of the two formulas (1)
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2. asked by thara
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TAXATION REVISIONR Sales (Gross Income) 2 500 200 Less: Cost of sales (less deductions) (1 400 300) Gross profit (taxable) (n/a)
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Consider the following incomplete income statement:Sales=$2,531,700.00 COGS=39.00% of sales Gross Profit Margin=61.00% of sales
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2. asked by 123
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Gross profitDuring the current year, merchandise is sold for $107,300 cash and $586,200 on account. The cost of the goods sold
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2. 22 views