INTERMEDIATE ACCOUNTING
10th Edition
ISBN: 9781264518869
Author: SPICELAND
Publisher: MCG
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Mitchell's Home Furnishings made Net Sales Revenue of $180,000, and the Cost of Goods Sold (COGS) totaled $108,000. What is the gross profit percentage for this period? a. 50% b. 40% c. 30% d. 60% HELP
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