Gross Profit Percentage - Definition, Formula, How To Calculate?
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SOLVED: Each of the following gross profit percentages is expressed in terms of cost:1. 31%2. 39%3. 51.67%4. 78%Indicate the gross profit percentage in terms of sales for each of the above. (Round answers to 2 decimal places, e.g. 78.73%.)Gross profit in terms of costGross profit in terms of sales1. 31%%2. %3. 51.67%%4. 78%%
SOLVED: Each of the following gross profit percentages is expressed in terms of cost:…
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