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gross margin ratio lish Brothers Company sells discounted shoes...

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Accounting

gross margin ratio image
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lish Brothers Company sells discounted shoes to the fashion-oriented consumer. The following schedule relates to the company's ventory for the month of March: Calculate Splish Brothers Company's gross margin ratio using: (Round answers to 2 decimal places, eg. 61.05\%.) i. FIFO ii. Weighted-average Which cost formula produced the higher gross margin

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