What was the gross margin for 2022? Selected information from the accounting records of the Bulldogs Inc. is as follows: P900,000 P1,000,000 5 to 1 Net Accounts Receivable – December 31, 2021 Net Accounts Receivable – December 31, 2022 Accounts receivable turnover Inventories – December 31, 2021 Inventories – December 31, 2022 Inventory turnover P1,100,000 P1,200,000 3.5 to 1

Sep 8, 2023

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What was the gross margin for 2022? Selected information from the accounting records of the Bulldogs Inc. is as follows: P900,000 P1,000,000 5 to 1 Net Accounts Receivable – December 31, 2021 Net Accounts Receivable – December 31, 2022 Accounts receivable turnover Inventories – December 31, 2021 Inventories – December 31, 2022 Inventory turnover P1,100,000 P1,200,000 3.5 to 1
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