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QUESTION 1 What is the profit/loss if net sales were $100,000, cost of goods sold were $50,000, and operating expenses were $45,000? a. $55,000 b.

QUESTION 1 What is the profit/loss if net sales were $100,000, cost of goods sold were $50,000, and operating expenses were $45,000? a. $55,000 b. $105,000 C. $150,000 d. $5,000

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