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From the following, calculate (a) net sales, (b) gross profit, and (c) net income. Sales Discount,$480; Sales Retuns and Allowances, $270, Cost of Goods Sold,
From the following, calculate (a) net sales, (b) gross profit, and (c) net income. Sales Discount,$480; Sales Retuns and Allowances, $270, Cost of Goods Sold, $13,110, Operating Expenses, $2,900. (a) Net sales (b)Gross profit (c) Net income
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