A corporation reported net sales of 150000 cost of goods
Question - A corporation reported net sales of $150,000, cost of goods sold of $96,000, operating expenses of $35,000, other expenses of $10,000, net income of $9,000.
Calculate the following values.
1. Profit margin
2. Gross profit rate
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question - a corporation reported net sales of 150000 cost of goods sold of 96000 operating expenses of 35000 other
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