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A company has net sales of $752,800 and cost of goods sold of $301,800. Its gross profit equals:Multiple Choice$271,000.$752,800.$301,800.$451,000.$1,054,600.
A company has net sales of $752,800 and cost of goods sold of $301,800. Its gross profit equals:Multiple Choice$271,000.$752,800.$301,800.$451,000.$1,054,600.
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Calculating Gross ProfitBased on the given information Net Sales 752800 Cost of Goods Sold COGS 3018...Get Instant Access to Expert-Tailored Solutions
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