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Given the information below, what is the gross profit? Sales revenue $300,000 Accounts receivable 53,000 Ending inventory 117,000 Cost of goods sold 240,000 Sales returns
Given the information below, what is the gross profit?
Sales revenue | $300,000 |
Accounts receivable | 53,000 |
Ending inventory | 117,000 |
Cost of goods sold | 240,000 |
Sales returns | 23,000 |
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