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Gross Sales   $160,340 Returns $14,400 Gross Margin $90,500 Expenses  30% Additional Income $4,500 Given the above information, find...

Gross Sales   $160,340

Returns $14,400

Gross Margin $90,500

Expenses  30%

Additional Income $4,500

Given the above information, find the following:

What is the Cost of Merchandise %?

What is the Expense $?

What is the final profit $?

What is the final profit %?

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Expert Solution

jeff jeffy answered 2 years ago
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