Question: solve using given information do not need explination Financial information is presented below: $ 21000 Operating expenses Sales returns and allowances 9000 Sales discounts 5000
Financial information is presented below: $ 21000 Operating expenses Sales returns and allowances 9000 Sales discounts 5000 Sales revenue 148000 Cost of goods sold 109000 The gross profit rate would be 0.19. 0.25. 0.17 0.80
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