When the gross profit percentage of costs is 32%, the gross profit percentage of sales is equal to: D 24.24% D 30.07% O 26.78% O 28.65% A Click Submit to complete this assessment.

Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter6: Cost-volume-profit Analysis
Section: Chapter Questions
Problem 18E
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Question 4
When the gross profit percentage of costs is 32%, the gross profit percentage of sales is equal to:
O 24.24%
30.07%
O 26.78%
O 28.65%
A Click Submit to complete this assessment.
O Type here to search
a
Transcribed Image Text:Click Submit to complete this assessment. Question 4 When the gross profit percentage of costs is 32%, the gross profit percentage of sales is equal to: O 24.24% 30.07% O 26.78% O 28.65% A Click Submit to complete this assessment. O Type here to search a
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