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Problem 1: Sales in Argentina were ARS 715 million, with COGS ARS 320 million, shipping/tariffs ARS 107 million, and promotional allowance ARS 111 million. What is the gross margin on the product?
Option 1: 55%
Option 2: 40%
Option 3: · 32%
Option 4: 25%
Problem 2: A product selling in France has a price to the channel of EUR 10.00, fixed costs of EUR 33 million, and variable costs of EUR 4.50. How many units does the company have to sell to break even?
Option 1: · 3 mill.
Option 2: 6 mill.
Option 3: 10 mill.
Option 4: 33 mill.
How accounts receivable would be presented on the balance sheet. What is the dollar effect of the year-end bad debt adjustment on the before-tax income?
Based on the information provided above, only fill out the appropriate portions of Form 1040, Form 1040 Schedule B, and Form 1040 Schedule D.
does anyone have the answersolution to the comprehensive problem chapter 3 to 7 for accounting principles by jerry j
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