5. Lucky Commercial's gross profit for the past year was Php. 120,000.00. This represents 45% of

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5. Lucky Commercial&#x27;s gross profit for the past year was Php. 120,000.00. This represents 45% of

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Let&#x27;s assume a company at the following reported amounts. Sales revenue of $510 ,000, returns an

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And this problem we have that this salesperson has a gross earnings of 943 .25 for last week on

5. Lucky Commercial's gross profit for the past year was Php. 120,000.00. This represents 45% of gross sales. A. How much was the gross sales? B. How much is the cost of sales? C. How many percent does the cost of sales represent?