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A company had expenses other than cost of goods sold of $266,000. Determine sales and gross profit given cost of goods sold was $108,000 and

A company had expenses other than cost of goods sold of $266,000. Determine sales and gross profit given cost of goods sold was $108,000 and net income was $166,000.

Sales/gross profit

A.374,000/58,000

B. 37,000/166,000

c.540,000/432,0000

D. 432,000/540,000

E.540,000/ 58,000

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