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Status in preschool peer groups is MOST likely to involve:
Gross Profit Method
This is an accounting technique used to estimate inventory value, calculating gross margin as a percentage of sales to find the cost of goods sold and ending inventory.
Markup on Cost
The percentage added to the cost of goods to cover overhead and profit, calculated by dividing the gross profit by the cost.
Net Sales
The amount of sales generated by a company after deducting returns, allowances for damaged or missing goods, and discounts.
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