A company shows the following balances: Sales $1,000,000 Sales Returns and Allowances 180,000 Sales Discounts...
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Accounting
A company shows the following balances: Sales $1,000,000 Sales Returns and Allowances 180,000 Sales Discounts 20,000 Cost of Goods Sold 560,000 What is the gross profit percentage? 44% 30% 56% 70%
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