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    Intermediate Accounting Study Set 5
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    Exam 8: Inventories: Measurement
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    Thompson's 2016 Gross Profit Ratio Is
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Thompson's 2016 Gross Profit Ratio Is

Question 70

Question 70

Multiple Choice

Thompson's 2016 gross profit ratio is:


A) 25%.
B) 19%.
C) 20%.
D) None of the above is correct.

Correct Answer:

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