Gross profit for April was two-fifths of net sales, and net income was two-sevenths of gross profit.

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Gross profit for April was two-fifths of net sales, and net income was two-sevenths of gross profit. Net income was $4200.
(a) What was the gross profit for April?
(b) What were net sales for April?

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Contemporary Business Mathematics with Canadian Applications

ISBN: 978-0133052312

10th edition

Authors: S. A. Hummelbrunner, Kelly Halliday, K. Suzanne Coombs

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Question Posted: Feb 26, 2016 03:22 AM

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Gross profit for April was two-fifths of net sales, and net income was two-sevenths of gross profit.

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Contemporary Business Mathematics with Canadian Applications

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