If a company has annual sales of $840,000 with a gross profit margin of 35%, what is the cost of goods sold?
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If a company has annual sales of $840,000 with a gross profit margin of 35%, what is the cost of goods sold?
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- The following information is available for Cooke Company for the current year: The gross margin is 40% of net sales. What is the cost of goods available for sale? a. 5840,000 b. 960,000 c. 1,200,000 d. 1,220,000During the current year. Plainfield Manufacturing earned income of $845,000 from total sales of $9,350,000 and average capital assets of $13,500,000. What is the sales margin?What is the gross profit?
