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Candy Company had sales of $240,000 and cost of goods sold of $103,200. What is the gross profit margin (ratio of gross profit to sales)?
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May 11, 2023
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Candy Company had sales of $240,000 and cost of goods sold of $103,200. What is the gross profit margin (ratio of gross profit to sales)?
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Answer:
gross profit= sales- cost of goods
TriTap
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May 17, 2023
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