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Ch 6: Recording and Analyzing Merchandising Tran... (14 of 20) Q 6.14: Last month a company had net sales revenues of $10,000; Cost of goods
Ch 6: Recording and Analyzing Merchandising Tran... (14 of 20) Q 6.14: Last month a company had net sales revenues of $10,000; Cost of goods sold of $4,000; other operating expenses of $3,000; non-operating expenses of $1,000; no non-operating revenues, gains or losses; and income taxes of $500. The gross profit was $2,000. A $6,000. B $3,000 C $1,500
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