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In 2010, the BowWow company purchased 17,189 units from its supplier at a cost of $10 per unit. BowWow sold 11,008 units of its product
In 2010, the BowWow company purchased 17,189 units from its supplier at a cost of $10 per unit. BowWow sold 11,008 units of its product in 2010 at a price of $23 per unit. BowWow began 2010 with $854,070 in inventory (inventory is carried at a cost of $10 per unit). Using this information, compute BowWow's gross profit for 2010. The correct answer is 143,104 I just don't know how to get there. Please help!
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