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8 00 Assume the following information for a merchandising company: Net operating income Variable selling expenses Cost of goods sold 04:17:52 eBook $ 11,000

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8 00 Assume the following information for a merchandising company: Net operating income Variable selling expenses Cost of goods sold 04:17:52 eBook $ 11,000 $ 25,000 $ 280,000 $ 50,000 Fixed administrative expenses Fixed selling expenses Variable administrative expenses What are the company's sales? $ 40,000 $ 5,000 Multiple Choice $411,000 $400,000

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