Question 7 (1 point) Question 4) Which of the following statements is false b Freight costs for goods shipped FOB destination are paid by the seller c Freight costs for goods shipped FOB shipping point are paid by the purchaser d Freight costs paid by the purchaser are debited to Delivery Expense e none of the statements is fall a Freight costs paid by the seller are debited to Freight out Question 11) You are provided with the following information Cost of goods sold $440,000 Income tax expense $67,200 Operating expenses $350,800 Sales $1,100,000 The gross profit would be d $254,800 Oe $366,800 O b $756,000 O a $598,000 c $660,000

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Question 7 (1 point) Question 4) Which of the following statements is false  b  Freight costs for goods shipped FOB destination are paid by the seller  c  Freight costs for goods shipped FOB shipping point are paid by the purchaser  d  Freight costs paid by the purchaser are debited to Delivery Expense  e  none of the statements is fall a  Freight costs paid by the seller are debited to Freight out  Question 11) You are provided with the following information  Cost of goods sold $440,000 Income tax expense $67,200 Operating expenses $350,800 Sales $1,100,000  The gross profit would be  d  $254,800  Oe  $366,800 O b  $756,000  O a  $598,000  c $660,000

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Question 7 (1 point) Question 4) Which of the following statements is false? b. Freight costs for goods shipped FOB destination are paid by the

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