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Pharoah Company's financial information is presented below. Purchase returns and allowances $17920 Purchases $308000 Sales returns and allowances 12320 Ending inventory 35840 Net sales 537600
Pharoah Company's financial information is presented below.
Purchase returns and allowances | $17920 | Purchases | $308000 | |||
---|---|---|---|---|---|---|
Sales returns and allowances | 12320 | Ending inventory | 35840 | |||
Net sales | 537600 | Cost of goods sold | 324800 |
How much is gross profit?
$200480
$212800
$164640
$218400
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