A company has sales of 1630000 salesdiscounts of 115000, Ask an Expert

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A company has sales of $1,630,000, sales

discounts of $115,000, sales returns and allowances of $136,000, shipping charges of $28,000, sales commissions of $47,000, net income of $276,500, and cost of goods sold of $433,000. What is the gross profit/margin for the period

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M91586617

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