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anymous anymous
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9 months ago
The gross margin percentage is equal to:

▸ (Net operating income + Selling and administrative expenses)/Sales

▸ Net operating income/Sales

▸ Cost of goods sold/Sales

▸ Cost of goods sold/Net income
Textbook 
Introduction to Managerial Accounting: Brewer Edition: 9e

Introduction to Managerial Accounting: Brewer Edition: 9e


Edition: 9th
Authors:
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k9kulpritk9kulprit
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9 months ago
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anymous Author
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9 months ago
You make an excellent tutor!
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Smart ... Thanks!
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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