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The gross profit percentage for Elk Roofing Products is 20%. If the company has Net Sales of $850,000 for the year, what was the amount

The gross profit percentage for Elk Roofing Products is 20%. If the company has Net Sales of $850,000 for the year, what was the amount of Cost of Goods Sold? O $750,000 O $170,000 O $680,000 O $250,000 O None of the above

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