5) Determine the percent of gross margin necessary for Staples to achieve a net profit of 5.89%.

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Sri K · Accepted Answer

From the given question, suppose we want to estimate the proportion of LMC STEM students who fre

5) Determine the percent of gross margin necessary for Staples to achieve a net profit of 5.89%. Estimated net sales are $865, 600; variable expenses are $76,000. Cash on hand = $15,500 $ 865600 % 100 Net Sales COGS GM Expenses Profit/Loss 76000