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    Principles of Financial Accounting Study Set 1
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    Exam 5: Accounting for Merchandising Operations
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    A Company Shows the Following Balances
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A Company Shows the Following Balances

Question 34

Question 34

Multiple Choice

A company shows the following balances: A company shows the following balances:   -What is the gross profit margin? A)  60% B)  80% C)  40% D)  20%
-What is the gross profit margin?


A) 60%
B) 80%
C) 40%
D) 20%

Correct Answer:

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