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Compute the gross profit rate when net sales are $350,000 and gross profits are $189,000.

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Compute the gross profit rate when net sales are $350,000 and gross profits are $189,000.

Compute the gross profit rate when net sales are $350,000 and gross profits are $189,000.
A) 54:10
B) 54%
C) 51%
D) 51:10

Textbook

College Accounting: A Practical Approach

College Accounting: A Practical Approach

Edition: 13^th

Author: Slater

Read 83 times

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