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Departmental Gross Profit, for a Retailer, Is Calculated As

Question 34

Multiple Choice

Departmental gross profit, for a retailer, is calculated as:


A) departmental sales revenue, less gross profit.
B) departmental sales revenue, less cost of sales.
C) departmental sales revenue, less all expenses allocated to the department.
D) departmental sales revenue, less cost of sales, less selling expenses allocated to the department.

Correct Answer:

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