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    Financial Accounting Study Set 24
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    Exam 7: Reporting and Interpreting Cost of Goods Sold and Inventory
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    Calculate the Gross Profit Ratio for All Three Years: A 2012
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Calculate the Gross Profit Ratio for All Three Years: A 2012

Question 46

Question 46

Essay

Calculate the gross profit ratio for all three years: a. 2012 ________
b. 2011 ________
c. 2010 ________

Correct Answer:

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a. 86.8% (176,528/20...

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