Top Posters
Since Sunday
Home Q & A Board Other Fields Homework Help Business Accounting
New Topic  
harra harra
wrote...
Go to Answer
Posts: 1309
Rep: 2 0
6 years ago
Given the following data, what is gross margin?

Sales revenue   $950,000
Beginning inventory   150,000
Ending inventory   230,000
Purchases   720,000

A) $150,000
B) $640,000
C) $570,000
D) $310,000
Textbook 
Accounting, Volume 1, Canadian Edition

Accounting, Volume 1, Canadian Edition


Edition: 9th
Authors:
Read 61 times
2 Replies
Replies
Answer verified by a subject expert
KryzenKryzen
wrote...
#1
Posts: 466
Rep: 34 0
6 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

harra Author
wrote...
#2
6 years ago
Very timely, excellent answer
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1203 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Related Images
  
 550
  
 644
  
 4432
Your Opinion
Who's your favorite biologist?
Votes: 586
Previous poll results: Where do you get your textbooks?