Business, 27.06.2020 23:01 angellinelittle

Compute net sales, gross profit, and the gross margin ratio for each separate case a through d. (Round gross margin ratio to 1 decimal place) can you also steps to do it. Sales $150,000 $550,000 $38,700 $255,700
Sales discounts 5,000 17,500 600 4,800
Sales returns and allowances 20,000 6,000 5,100 900
Cost of goods sold 79,750 329,589 24,453 126,500

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Compute net sales, gross profit, and the gross margin ratio for each separate case a through d. (Rou...

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