Determine the percent of gross margin

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Determine the percent of gross margin necessary for for the office supply retailer Staples to achieve a net profit of 4.89 percent. Estimated net sales are $319,607; estimated operating expenses are $54,333. How many gross margin dollars would Staples generate? What would the cost of goods be? If wages are $30, 802, what is Staples wage cost percent?

Reference no: EM132780318

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