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32. Given the information below, what is the gross profit? A. $250,000. B. $70,000. C. $220,000. D. $50,000. Sales revenue Accounts receivable Ending inventory Cost
32. Given the information below, what is the gross profit? A. $250,000. B. $70,000. C. $220,000. D. $50,000.
Sales revenue Accounts receivable Ending inventory Cost of goods sold Sales Returns $320,000 50,000 100,000 250,000 20,000Step by Step Solution
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