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Business, 13.03.2022 20:30 letsgetcookingblog

Ziehart Pharmaceuticals reported Net Sales of $195,000 and Cost of Goods Sold of $66,600. Candy Electronics Corporation reported Net Sales of $53,000 and Cost of Goods Sold of $39,800 Required: 1. Calculate the gross profit percentage for both companies. (Round your answers to 1 decimal place.) 2. Which company has a greater proportion of its sales available to cover expenses other than cost of goods sold?

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Ziehart Pharmaceuticals reported Net Sales of $195,000 and Cost of Goods Sold of $66,600. Candy Elec...
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