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  3. gross profit rate is equal to: select one: a. ne

Gross profit rate is equal to: Select one: a. Net sales divided...

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Question

Accounting

Gross profit rate is equal to:
Select one:
a. Net sales divided by gross profit.
b. Gross sales divided by gross profit.
c. Gross profit divided by gross sales.
d. Gross profit divided by net sales.

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