FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Net sales Cost of goods sold $ 180,000 124,000 Beginning inventory Ending inventory Calculate the gross profit ratio. (Round your answer to 2 decimal places.) 41,000 31,000
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Transcribed Image Text:Net sales Cost of goods sold $ 180,000 124,000 Beginning inventory Ending inventory Calculate the gross profit ratio. (Round your answer to 2 decimal places.) 41,000 31,000
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