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Assume Oriole Company has the following reported amounts: Sales revenue $ 1 , 2 7 5 , 0 0 0 , Sales returns and allowances
Assume Oriole Company has the following reported amounts: Sales revenue $ Sales returns and allowances $ Cost of goods sold $ and Operating expenses $
a Compute net sales.
Net sales
b Compute gross profit.
Gross profit $
c Compute income from operations.
Income from operations $
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