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assume culver company has the following reported amounts: sales revenue 740000, sales returns and allowances 20000 cost of goods sold 450000 and operating expenses 100000

assume culver company has the following reported amounts: sales revenue 740000, sales returns and allowances 20000 cost of goods sold 450000 and operating expenses 100000 (a) compute the net sales (b)compute the gross profit (c) compute the income from operations (d) compute the gross profit rate

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