Question
NVIDIA Corporation has the following information about its income statement: Item Amount (USD) Sales Revenue $2,000,000 Cost of Goods Sold $800,000 Gross Profit ? Operating
NVIDIA Corporation has the following information about its income statement:
Item | Amount (USD) |
Sales Revenue | $2,000,000 |
Cost of Goods Sold | $800,000 |
Gross Profit | ? |
Operating Expenses | $600,000 |
Net Income | $400,000 |
Calculate the gross profit for NVIDIA Corporation.
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Accounting Theory Conceptual Issues in a Political and Economic Environment
Authors: Harry Wolk, James Dodd, John Rozycki
8th edition
1412991692, 978-1412991698
