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    Alyaa's Avatar
    Alyaa Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Mar 6, 2016, 04:33 PM
    A company had net sales of $752,000 and cost of goods sold of $543,000. Its net incom
    A company had net sales of $752,000 and cost of goods sold of $543,000. Its net income was $17,530. The company's gross margin ratio equals:
    18.9%
    24.5%
    27.8%
    34.7%
    35.2%
    ma0641's Avatar
    ma0641 Posts: 15,675, Reputation: 1012
    Uber Member
    		  
    #2

    Mar 6, 2016, 04:55 PM
    Google " gross margin calculation".
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