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Calculate Net Sales CDE4. From the following, calculate net sales: Cost of Goods Sold Gross Sales Sales Returns and Allowances Sales Discounts Operating Expenses

Calculate Net Sales CDE4. From the following, calculate net sales: Cost of Goods Sold Gross Sales Sales Returns and Allowances Sales Discounts Operating Expenses $100 180 5 2 15 CDE5. Using the information in CDE4, calculate: a. Gross profit b. Net income or net loss

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