Question: please solve and show all work using excel and show all formulas incells used.will rate!! a. The gross margin is ( 25 % ) of

please solve and show all work using excel and show all formulas incells used.will rate!! a. The gross margin is \( 25 \% \) of sales. b. Actual and budgeted sales data:c. Sales are \( 60 \% \) for cash and \( 40 \% \) on credit. Credit sales are collected in the month following sale. Th 2 answers

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