Operating Expenses was P45,000, Sales Returns and Allowances was P13,000,Sales Discounts was P6,000,Sales was P150,000, and Cost
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Question:
Operating Expenses was P45,000, Sales Returns and Allowances was P13,000,Sales Discounts was P6,000,Sales was P150,000, and Cost of Goods Sold was P67,000 The gross profit rate would be
A).489.
B).535
C).553.
D).511.
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