If net sales are $400,000, cost of goods sold is $310,000, and operating expenses are $60,000, the
Question:
If net sales are $400,000, cost of goods sold is $310,000, and operating expenses are $60,000, the gross profit is:
(a) $30,000.
(b) $90,000.
(c) $340,000.
(d) $400,000.
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Related Book For 
Accounting Principles
ISBN: 9780471980193
8th Edition
Authors: Jerry J Weygandt, Donald E Kieso, Paul D Kimmel
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