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  3. store 5 net sales = ? cost of goods sold = $90.0 g

STORE 5 NET SALES = ? COST OF GOODS SOLD = $90.0 GROSS MARGIN-DOLLARS = ? GROSS MARGIN-PERCENT =...

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Question

Accounting

STORE 5

NET SALES = ?

COST OF GOODS SOLD = $90.0

GROSS MARGIN-DOLLARS = ?

GROSS MARGIN-PERCENT = ?

EXPENSE-DOLLARS = $41.1

EXPENSE-PERCENT = ?

NET INCOME-DOLLARS = $0.5

NET INCOME-PERCENT = ?

Answer & Explanation Solved by verified expert
3.7 Ratings (302 Votes)
Here we will have to work back from net income dollars to arrive at the missing figures Net income dollars 05 We arrive at the gross margin dollars when we add the    See Answer
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