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Given the following year-end information, compute gross profit: Net Revenues (Net Sales) $285,000 Accounts Receivable $ 95,000 Ending Inventory $ 25,000 Cost of Goods Sold

Given the following year-end information, compute gross profit: Net Revenues (Net Sales) $285,000 Accounts Receivable $ 95,000 Ending Inventory $ 25,000 Cost of Goods Sold $170,000 MAV $190,000 $115,000 $90,000 $355,000

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