A company earns a gross profit of 20% on cost. Its credit revenue from operations are twice its cash revenue from operations. If credit revenue from opaertuons is 400000 calculate the gross profit ratio of the company
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Calculate total sales. Add up all the money made from the sale of goods and services sold by your business. ...
Calculate the cost of goods sold (COGS). ...
Determine Gross Profit. ...
Calculate Gross Profit Margin.
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