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Hazard Company had a $35,000 beginning inventory and a $39,000 ending inventory Net sales were $153,000, purchases, $83,000, purchase returns and allowances, $6,000, and freg

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Hazard Company had a $35,000 beginning inventory and a $39,000 ending inventory Net sales were $153,000, purchases, $83,000, purchase returns and allowances, $6,000, and freg $5,000 Cost of goods sold for the period is $78,000 What is Hazards gross prolit percentage (rounded to the nearest percentage)? OA, 23% B. 49% 25% 51% C. D

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