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Abbey Co . sold merchandise to Gomez Co . on account, $ 3 3 , 2 0 0 , terms 2 / 1 5 ,
Abbey Co sold merchandise to Gomez Co on account, $ terms net The cost of the merchandise sold was $ Abbey Co issued a credit memo for $ for defective merchandise, which was not returned to Abbey. Gomez Co paid the invoice within the discount period. What is the gross profit earned by Abbey Co on these transactions?
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