Question: Multiple Choice Question 140 If a company has sales revenue of $638000, net sales of $500000, and cost of goods sold of $384000, the gross

Multiple Choice Question 140 If a company has sales revenue of $638000, net sales of $500000, and cost of goods sold of $384000, the gross profit rate is 60.2%. 76.8%. 23.2%. 39.8%
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
