..ooo Sprint 1:38 PM 55%17 ezto.mheducation.com 2.50 points The financial statem
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..ooo Sprint 1:38 PM 55%17 ezto.mheducation.com 2.50 points The financial statements for Castile Products Inc., are given below Castile Products, Inc. Balance Sheet 1,458000 Account balances at the beginning of the year were: accounts receivable, $200,000; and inventory, $320,000. All sales were on account. Assets at the beginning of the year totaled $1,050,000, and the stockholders' equity totaled $655,000. Required: Compute the following: 1 Gross margin percentage. (Round your percentage answer to 2 decimal places (ie, 0.1234 should be entered as 12.34).)Explanation / Answer
Account amounts are not clearly visible.please repost the question so it can be clearly visible. Gross margin amount, revenue amount,net income ,stock holder's equity etc. are not clearly visible
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