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    Financial Accounting Study Set 31
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    Exam 5: Accounting for Merchandising Operations
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    Financial Information Is Presented Below: the Gross Profit Rate
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Financial Information Is Presented Below: the Gross Profit Rate

Question 199

Question 199

Multiple Choice

Financial information is presented below: Financial information is presented below:   The gross profit rate would be A) .13. B) .40. C) .60. D) .73. The gross profit rate would be


A) .13.
B) .40.
C) .60.
D) .73.

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