Cupery co has sales revenue of 147000 cost of goods sold of


Question - Cupery Co. has sales revenue of $147,000, cost of goods sold of $60,000, and operating expenses of $24,000. What is its gross profit and its gross profit rate? (Round gross profit rate to 1 decimal place, e.g. 52.5%.)

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Accounting Basics: Cupery co has sales revenue of 147000 cost of goods sold of
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