Question: Can you help me solve this general accounting problem using the correct accounting process? Given below are the account balances for Westside Distributors: Gross sales,

Can you help me solve this general accounting problem using the correct accounting process?

Given below are the account balances for Westside Distributors: Gross sales, $245,000 Sales returns and allowances, $12,500 Selling expenses, $32,000 Cost of goods sold, $139,500 Interest expense, $7,500 How much 1s the gross profit margin

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