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Using the Information Above, Calculate Each Retailer's Gross Margin Percent

Question 85

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   Using the information above, calculate each retailer's gross margin percent and net operating profit percent. Compare the two and discuss which retailer is performing better. What could the poorer performing retailer do to increase their financial performance?
Using the information above, calculate each retailer's gross margin percent and net operating profit percent. Compare the two and discuss which retailer is performing better. What could the poorer performing retailer do to increase their financial performance?

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Although both retailers earned a net p...

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