
A company reports the following Net sales 2 760 000 Gros
A company reports the following:
Net sales ………………………………… $2,760,000
Gross profit ……………………………… 975,000
Net income………………………………. 238,000
Determine (a) the company’s profit margin and (b) the company’s gross margin.
A company reports the following Net sales 2 760 000 Gros
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