Question: please provide correct answer for thumbs up The following is Blossom Company's income statement for the past year. Sales revenue $669,600 Cost of goods sold
The following is Blossom Company's income statement for the past year. Sales revenue $669,600 Cost of goods sold 401,760 Gross margin 267,840 Operating expenses 156,240 Operating income $111,600 (a) What is the markup percentage on cost of goods sold? (Round answer to 0 decimal places, eg. 45%.) % Markup percentage
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