A company shows the following balances….. Sales $1,000,000


Question Description:

24.99

A company shows the following balances….. Sales $1,000,000 Sales Returns and Allowances $180,000 Sales Discounts $20,000 Cost of Goods Sold $560,000 What is the gross profit percentage? 44 percent 70 percent 30 percent 56 percent

Answer

24.99