Coleman,Inc$$\begin{array} { | l | r | }
\hline \text { Net Sales } & \$ 500,000 \
\hline \text { Cost of Goods Sold } & (200,000 )\
\hline \text { Gross Profit } & \$ 300,000 \
\hline
\end{array}$$

Question

Coleman,Inc$$\begin{array} { | l | r | } 
\hline \text { Net Sales } & \$ 500,000 \
\hline \text { Cost of Goods Sold } & (200,000 )\
\hline \text { Gross Profit } & \$ 300,000 \
\hline
\end{array}$$

Examlex · Accepted Answer

The Answer of Coleman,Inc$$\begin{array} { | l | r | } 
\hline \text { Net Sales } & \$ 500,000 \
\hline \text { Cost of Goods Sold } & (200,000 )\
\hline \text { Gross Profit } & \$ 300,000 \
\hline
\end{array}$$

Coleman,Inc Calculate the Gross Profit Percentage

Definitions: