by: Admin_LouisPosted on: If the gross profit margin is 10% what is the value of the cost of goods sold? If the gross profit margin is 10% what is the value of the cost of goods sold?A N10,000B N90,000C N105,600D N110,000Answer is B Share this:TwitterFacebookLike this:Like Loading... Related posts:The process of bookkeeping includes records produced from?Cash discount is often recorded on?Calculate the balance as bank statement at the end of the year?Which of the following is a debit item in the purchases ledger control account.