The company has $100,000 in inventory and expects to sell 10,000 units of a product. The cost
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The company has $100,000 in inventory and expects to sell 10,000 units of a product. The cost per unit is $6 and the selling price per unit is $10. What is the gross profit margin for the product?
Related Book For
Advanced Accounting
ISBN: 978-0538480284
11th edition
Authors: Paul M. Fischer, William J. Tayler, Rita H. Cheng
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