Revenue $62,500 Sales Discounts $3,900 Sales Returns $2,400 Freight $1,200 Net Sales $55,000 Cost of Goods...

 

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Revenue $62,500 Sales Discounts $3,900 Sales Returns $2,400 Freight $1,200 Net Sales $55,000 Cost of Goods Sold $7,800 Gross Profit Given the information provided, what is the gross margin analysis? Revenue $62,500 Sales Discounts $3,900 Sales Returns $2,400 Freight $1,200 Net Sales $55,000 Cost of Goods Sold $7,800 Gross Profit Given the information provided, what is the gross margin analysis?

Answer rating: 100% (QA)

To calculate the gross margin we need to subtract the cost of ... View the full answer