Delzer corporation reported net sales 800000 cost of goods


Delzer Corporation reported net sales $800,000; cost of goods sold $520,000; operating expenses $210,000; and net income $68,000.

Calculate the following values and explain what they mean:

(a) Profit margin ratio and
(b) Gross profit rate.

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Cost Accounting: Delzer corporation reported net sales 800000 cost of goods
Reference No:- TGS0778623

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