In 2019, Intersection Company incurred cost of goods sold of $58,215 million on gross sales revenue of $87,592 million. Sales returns and allowances were $7,473 million and sales discounts were $1,752 million. What is Intersection's gross profit percentage for 2019?

Answer rating: 100% (QA)

Heres how to calculate Intersections gross profit percentage for 2019 1 Calculate net sales ... View the full answer