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    A Company's Net Sales Revenues Are $1 000 000
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A Company's Net Sales Revenues Are $1 000 000

Question 60

Question 60

Multiple Choice

A company's net sales revenues are $1 000 000. Its cost of sales is $400 000. Which of the following is its gross profit percentage?


A) 167%
B) 60%
C) 40%
D) 250%

Correct Answer:

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