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Which of the Following Calculations Leads to Gross Margin Dollars

Question 38

Multiple Choice

Which of the following calculations leads to gross margin dollars?


A) subtract cost of goods sold from net sales
B) add operating and interest expenses together and subtract the total from gross sales
C) subtract cost of goods sold from gross sales
D) add customer returns and customer allowances,then subtract the total from net sales
E) subtract net profit from net sales

Correct Answer:

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