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AURORKA [14]
3 years ago
8

Two sporting goods stores have similar annual net sales. if one store sells mostly high-quality goods and the other store sells

mostly moderate-quality goods, which store likely has the higher gross profit rate? why?
Business
1 answer:
Juli2301 [7.4K]3 years ago
8 0
The Store with the High-quality Goods will have the Higher Profit Rate Because people want the Good Vegetables and Stuff and will pay more if its Good for them.
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The Route 66 Gift Shop, which records sales and sales tax separately, had sales on account of $1,500 and cash sales of $1,000. T
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Answer: D. Debit to Accounts Receivable of $1,620 and a debit to Cash of $1,080.

Explanation:

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For the Accounts Receivables therefore the figure we would record is,

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3 years ago
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