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    Accounting Study Set 1
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    Exam 5: Merchandising Operations
  5. Question
    Gross Profit Represents the Mark-Up on ________
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Gross Profit Represents the Mark-Up on ________

Question 9

Question 9

Multiple Choice

Gross profit represents the mark-up on ________.


A) sales revenue
B) merchandise inventory
C) operating expenses
D) transportation cost

Correct Answer:

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