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If net sales for the business total $150,000, gross profit is $65,000, and profit is $40,000, then the cost of goods sold will total $___________?.
If net sales for the business total $150,000, gross profit is $65,000, and profit is $40,000, then the cost of goods sold will total $___________?. a $40,000 b $25,000 c $110,000 d $85,000
If net sales for the business total $150,000, gross profit is $65,000, and profit is $40,000, then the cost of goods sold will total $___________?.
a
$40,000
b
$25,000
c
$110,000
d
$85,000
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