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  3. Study Set
    Managerial Accounting Study Set 23
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    Exam 1: Managerial Accounting and Cost Concepts
  5. Question
    In a Traditional Format Income Statement, the Gross Margin Is
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In a Traditional Format Income Statement, the Gross Margin Is

Question 279

Question 279

True/False

In a traditional format income statement, the gross margin is sales minus cost of goods sold.

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