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Mountain Sports sells ski and snowboarding equipment. The following information summarizes the company's operating expenses for 2020: Cost of goods sold Marketing Rent and utilities

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Mountain Sports sells ski and snowboarding equipment. The following information summarizes the company's operating expenses for 2020: Cost of goods sold Marketing Rent and utilities Salaries and wages $114,900 $9,000 $50,200 $65,800 If sales revenue in 2020 was $267,400, what is gross profit? $152,500 $27,700 $142,400 $125,000

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