View Policies Show Attempt History Current Attempt in Progress Swifty Furniture Ltd. uses a perpetual...
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View Policies Show Attempt History Current Attempt in Progress Swifty Furniture Ltd. uses a perpetual inventory system and has a beginning inventory, as at June 1, of 500 bookcases at a cost of $119 each. During June, the company had the following purchases and sales of bookcases: Calculate Swifty Furniture's gross profit and gross profit margin for the month of June. (Round gross profit margin to 1 decimal place, eg. 15.1 and gross profit to the nearest whole dollar, eg. 1525.) Gross profit Gross profit margin
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