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    Business
  3. Study Set
    Introduction to Management Accounting Study Set 2
  4. Exam
    Exam 2: Introduction to Cost Behavior and Cost-Volume Relationships
  5. Question
    Gross Margin = Sales Price - Cost of Goods Sold
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Gross Margin = Sales Price - Cost of Goods Sold

Question 20

Question 20

True/False

Gross margin = sales price - cost of goods sold.

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