Discuss gross profit rate and gross profit margin. How are they calculated? How are they useful to

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Discuss gross profit rate and gross profit margin. How are they calculated? How are they useful to a company?

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Financial Accounting Tools for business decision making

ISBN: 978-0470534779

6th Edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso

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Posted Date: Mar 16, 2024 12:59 AM

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Discuss gross profit rate and gross profit margin. How are they calculated? How are they useful to

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Answer Gross Profit Rate and Gross Profit Margin 1 Calculation Gross Profit Rate The gross profit rate also known as the gross profit percentage measures the proportion of gross profit to net sales an... View the full answer

Financial Accounting Tools for business decision making

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