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CES Multiple Choice Question 170 Financial information is presented below: Operating expenses Sales returns and allowances Sales discounts Sales revenue Cost of goods sold $

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CES Multiple Choice Question 170 Financial information is presented below: Operating expenses Sales returns and allowances Sales discounts Sales revenue Cost of goods sold $ 38000 8000 2000 140000 86000 The amount of net sales on the income statement would be $132000. $130000. $140000. $138000

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