Gross Profit Percentage Using the data below, compute Ian’s gross profit percentage for the month of January. Net Sales $12,000 Cost of goods sold 3,000 Operating expenses 7,000 Other income 500...

Gross Profit Percentage

Using the data below, compute Ian’s gross profit percentage for the month of January.

Net Sales	$12,000
Cost of goods sold	3,000
Operating expenses	7,000
Other income	500
Income tax expense	1,000

Round answer to the nearest whole percentage.

Answer%

Jun 08, 2022

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