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For a Retailer Departmental Gross Profit Is Calculated As

Question 19

Multiple Choice

For a retailer departmental gross profit is calculated as:


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

Correct Answer:

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