In 2007,Claudia's Gems had net sales of $220,000,a cost of goods sold of $69,000,customer returns of $21,000,and vendor discounts of $9,000.Calculate the store's gross margin.

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The Answer of In 2007,Claudia's Gems had net sales of $220,000,a cost of goods sold of $69,000,customer returns of $21,000,and vendor discounts of $9,000.Calculate the store's gross margin.

In 2007,Claudia's Gems Had Net Sales of $220,000,a Cost of Goods