Question: CLICK HERE TO REMEW LEARNING OBECTIVES QUESTION 4 Not complete Marked out of 1.00 F Flag question Analyze Operational Changes which has not been very
CLICK HERE TO REMEW LEARNING OBECTIVES QUESTION 4 Not complete Marked out of 1.00 F Flag question Analyze Operational Changes which has not been very The management of Manchester's Department Store is concerned about the operation of its sporting goods department successful. The following condensed income statement gives the latest year's results: Sporting Goods Department All other Departments $4,800,000 960,000 720.000 3,120,000 Cost of goods sold 240,000 1,680,000 Gross profit 135,000 672,000 Direct expenses 480,000 Indirect expenses 1,152,000 Total expenses $528,000 a. Calculate the gross profit percentage for the sporting goods department and for the other departments as a group
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