Business, 27.03.2020 00:46 genyjoannerubiera

A company has the following balances: Sales revenue $312,000: Sales Returns and Allowances $2,000: Sales Discounts $4,000: Cost of Goods Sold $184,000: Operating Expenses $84,000. Assume there are no other revenues, other expenses, or income tax expense. How much is the profit margin?

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A company has the following balances: Sales revenue $312,000: Sales Returns and Allowances $2,000: S...