LanWan Software earned net sales revenue of $ 65,000,000 in 2015. Cost of goods sold was $

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LanWan Software earned net sales revenue of $ 65,000,000 in 2015. Cost of goods sold was $ 39,000,000, and net income reached $ 9,000,000, the company’s highest ever. Compute the company’s gross profit percentage for 2015.

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Horngrens Financial and Managerial Accounting

ISBN: 978-0133255584

4th Edition

Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura

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Question Posted: Jan 16, 2015 09:38 AM

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LanWan Software earned net sales revenue of $ 65,000,000 in 2015. Cost of goods sold was $

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Horngrens Financial and Managerial Accounting

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