Lemony company made sales of $ 32 comma 200 million during 2018. cost of goods sold for the year totaled $ 12 comma 880 million. at the end of 2017, lemony's inventory stood at $ 1 comma 200 million, and lemony ended 2018 with inventory of $ 1 comma 600 million. compute lemony's gross profit percentage and rate of inventory turnover for 2018. begin by computing lemony's gross profit percentage for 2018. (round your answer to the nearest tenth of a percent, x. x%.) lemony's gross profit percentage for 2018 is %.
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Business, 22.06.2019 20:50
Which of the statements best describes why the aggregate demand curve is downward sloping? an increase in the aggregate price level causes consumer and investment spending to fall, because consumer purchasing power decreases and money demand increases. as the aggregate price level increases, consumer expectations about the future change. as the aggregate price level decreases, the stock of existing physical capital increases. as a good's price increases, holding all else constant, the good's quantity demanded decreases.
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Business, 23.06.2019 00:00
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Business, 23.06.2019 05:30
What is a potential negative effect of an expansionary policy? decreased borrowing increased interest rates increased inflation decreased available credit
Answers: 1
Lemony company made sales of $ 32 comma 200 million during 2018. cost of goods sold for the year tot...
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