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A company has net sales of $722,200 and cost of goods sold of $289,200. Its gross profit equals: Multiple Choice $1,011,400. $289,200. $722,200. $253,000. $433,000

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A company has net sales of $722,200 and cost of goods sold of $289,200. Its gross profit equals: Multiple Choice $1,011,400. $289,200. $722,200. $253,000. $433,000

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