Question: View Policies Current Attempt in Progress * A company shows the following balances: WWW ** Sales Revenue $920000 Sales Returns and 60000 Allowances Sales Discounts

 View Policies Current Attempt in Progress * A company shows the

View Policies Current Attempt in Progress * A company shows the following balances: WWW ** Sales Revenue $920000 Sales Returns and 60000 Allowances Sales Discounts Cost of Goods Sold 31000 550000 What is the gross profit rate? 60% 349 66%

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