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Posted on Jul 18, 2024

Financial Information is presented below - Operating Expenses $28,000 Sales returns and allowances. 7,000 Sales discounts. 3,000 Sales Revenue. 150,000 Cost of goods sold. 98,000

Financial Information is presented below -

Operating Expenses $28,000

Sales returns and allowances. 7,000

Sales discounts. 3,000

Sales Revenue. 150,000

Cost of goods sold. 98,000

Gross profit would be:

A. $49,000 B. $42,000 C. $ 45,000 D. $52,000

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