If the gross profit on sales is 20 percent of net sales,then cost of goods sold must be ____________________ percent of net sales.

Name: If the gross profit on sales is 20 percent of net sales,then cost of goods sold must be ____________________ percent of net sales.
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The Answer of If the gross profit on sales is 20 percent of net sales,then cost of goods sold must be ____________________ percent of net sales.

If the Gross Profit on Sales Is 20 Percent of Net