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Assume that sales revenue is $500,000, sales discounts are $20,000, net income is $35,000, and cost of goods sold is $300,000. How much is gross
Assume that sales revenue is $500,000, sales discounts are $20,000, net income is $35,000, and cost of goods sold is $300,000. How much is gross profit?
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$35,000
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$130,000
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$180,000
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$95,000
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Cost Accounting A Managerial Emphasis
Authors: Charles T Horngren
5th Edition
0131796712, 978-0131796713
