Question: Please provide the answer to this general accounting question using the right approach. The following selected accounts are taken from the ledger of ABC Merchandising

Please provide the answer to this general accounting question using the right approach.

The following selected accounts are taken from the ledger of ABC Merchandising on December . ., 2023: Sales = \"222,%90 Sales Discount = % Gross Profit = . 8,000 Operating Expenses = P -"),000 Beginning Inventory = P 9,000 Ending Inventory = ?4 -,000 What is the cost of sales ratio (cost ratio)

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