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Tomas company used the periodic method for inventory. During 2019 they had the following information: Net sales: $1,000,000 gross was 7596 2596 O 496 10096

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Tomas company used the periodic method for inventory. During 2019 they had the following information: Net sales: $1,000,000 gross was 7596 2596 O 496 10096 QUESTION 19 During 2019 the Smith Co. had net sales of $2,000,000 and an expected gross profit percentage of 30%. The probable gross profit O $600,000 O $1,000,000 O $2,000,000 o $1,400,000

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