Suppose Bonzai Boards, Inc., had sales of ($210,000) and sales returns of ($18,000.) Cost of goods sold
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Suppose Bonzai Boards, Inc., had sales of \($210,000\) and sales returns of \($18,000.\) Cost of goods sold was \($125,000.\) What was Bonzai Boards’ gross profit percentage (rounded) for this period?
a. 35%
b. 54%
C. 40%
d. 32%
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