The gross margin percentage is equal to:

anymous

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The gross margin percentage is equal to:

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

Edition: 9^th

Authors: Brewer, Garrison, Noreen

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anymous Author

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Smart ... Thanks!

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Helped a lot

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