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  3. kingbird co., with annual net sales of $ 4,595,000

Kingbird Co., with annual net sales of $ 4,595,000, maintains a markup of 25% based...

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Accounting

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Kingbird Co., with annual net sales of $ 4,595,000, maintains a markup of 25% based on cost. Kingbird's expenses average 15% of net sales. What is Kingbird's gross profit and net profit in dollars? Gross profit $ Net income $

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