If sales revenues are $400,000, cost of goods sold is $310,000, and operating expenses are $60,000, what
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If sales revenues are $400,000, cost of goods sold is
$310,000, and operating expenses are $60,000, what is the gross profit?
(a) $30,000.
(c) $340,000.
(b) $90,000.
(d) $400,000.
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5th Edition
Authors: Kimmel, Wetlands, Kieso
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