A consumer products company reported a 5.4 percent increase in sales from 2011 to 2012. Sales in

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A consumer products company reported a 5.4 percent increase in sales from 2011 to 2012. Sales in 2011 were $29,600. In 2012, the company reported cost of goods sold in the amount of $9,107. What was the gross profit percentage in 2012?

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Financial Accounting

ISBN: 978-0078111020

7th Edition

Authors: LibbyShort

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Question Posted: Dec 12, 2011 09:22 AM

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A consumer products company reported a 5.4 percent increase in sales from 2011 to 2012. Sales in

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Financial Accounting

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