Sales total ($ 440,000), cost of goods sold is ($ 210,000), and operating expenses are ($ 160,000).

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Sales total $\$ 440,000$, cost of goods sold is $\$ 210,000$, and operating expenses are $\$ 160,000$. How much is gross margin? (p.176)

a. $\$ 440,000$

b. $\$ 230,000$

c. $\$ 210,000$

d. $\$ 70,000$

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Financial Accounting

ISBN: 9780133118209

2nd Edition

Authors: Charles T. Horngren, Jr. Harrison, Walter T.

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Question Posted: Jun 10, 2024 01:09 AM

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Sales total ($ 440,000), cost of goods sold is ($ 210,000), and operating expenses are ($ 160,000).

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Financial Accounting

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