Given below are account balances for Charlie Company: Gross sales, $100,000
Given below are account balances for Charlie Company: Gross sales, $100,000 Sales returns and allowances, $4,000 Selling expenses, $12,000 Cost of goods sold, $48,000 Interest expense, $3,000 How much is the gross profit margin? (enter your percentage as a decimal rounded to two decimal places. Example – enter 46% as .46) Your Answer: Looking for […]