Question
Financial information is presented below: Operating expenses $ 50000 Sales returns and allowances 4000 Sales discounts 7000 Sales revenue 188000 Cost of goods sold 99000
Financial information is presented below:
Operating expenses | $ 50000 |
Sales returns and allowances | 4000 |
Sales discounts | 7000 |
Sales revenue | 188000 |
Cost of goods sold | 99000 |
Gross Profit would be
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Accounting Principles
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
9th Edition
978-0470317549, 9780470387085, 047031754X, 470387084, 978-0470533475
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