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Question 3 B . Lopez Company reports net sales of $ 2 0 0 , 0 0 0 and cost of goods sold of $

Question 3
B. Lopez Company reports net sales of $200,000 and cost of goods sold of $50,000. Using the numbers provided, B. Lopez Company's gross profit is:
$200,000.
$50,000.
$250,000.
$100,000.
$150,000
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