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What is spritzer gross profit percentage

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Question 1: Spritzer Company made sales of $33,600 million during 2014. The cost of goods sold for the year totaled $13,440 million. At the end of 2013, Spritzer?'s inventory stood at $1,300 ?million, and Spritzer ended 2014 with inventory of $1,900 million. What is Spritzer?'s gross profit percentage and rate of inventory turnover for 2014?

Reference no: EM132581914

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