Garten corporation reported net sales 800000 cost of goods
Question: Garten 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 and
(b) gross profit rate.
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question garten corporation reported net sales 800000 cost of goods sold 520000 operating expenses 210000 and net
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