Given the information provided in this illustration,what are the gross profit and gross margin ratio?
Gross Profit: $846,800Gross Margin Ratio: 91%
Gross Profit: $758,500Gross Margin Ratio: 82%
Gross Profit: $1,055,400Gross Margin Ratio: 84%
Gross Profit: $718,400Gross Margin Ratio: 81%
Answer:
Gross Profit: $718,400Gross Margin Ratio: 81%
Given the information provided in this illustration, what are the gross profit and gross margin ratio? Gross Profit: $84
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