Question: Given the information provided above, what is the gross margin percentage? 73% 79% 83% 71% Revenue $103,600 Sales Returns $13,900 Sales Discounts $2,700 Net Sales

Given the information provided above, what is the gross margin percentage?73%79%83%71%

Given the information provided above, what is the gross margin percentage?

  • 73%
  • 79%
  • 83%
  • 71%
Revenue $103,600 Sales Returns $13,900 Sales Discounts $2,700 Net Sales $87,000 Cost

Revenue $103,600 Sales Returns $13,900 Sales Discounts $2,700 Net Sales $87,000 Cost of Goods Sold $23,600 Gross Profit Gross Profit Margin %

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