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Home Q & A Board Other Fields Homework Help Business Accounting
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upton upton
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7 years ago
Compute the gross profit rate when sales are $500,000; net sales are $450,000 and gross profits are $100,000.
A) 22.22%
B) 20.00%
C) 0.2000 to 1
D) 0.2222 to 1
Textbook 
College Accounting: A Practical Approach

College Accounting: A Practical Approach


Edition: 13th
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keytwokeytwo
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7 years ago
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