A company has ($550,000) in net sales and ($123,000) in gross profit. Its cost of goods sold

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A company has \($550,000\) in net sales and \($123,000\) in gross profit. Its cost of goods sold equals

a. \($427,000\)

b. \($673,000\)

c. \($550,000\)

d. \($123,000\)

e. (\($123,000)\)

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College Accounting Ch 1-14

ISBN: 9781260904314

1st Edition

Authors: John Wild, Vernon Richardson, Ken Shaw

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