Question
Williamson Inc. has Sales of $90,000, Sales Returns and Allowances of $4,700, Sales Discounts of $1,300 and Cost of Goods Sold of $63,000. What is
Williamson Inc. has Sales of $90,000, Sales Returns and Allowances of $4,700, Sales Discounts of $1,300 and Cost of Goods Sold of $63,000.
What is Williamson's Gross Profit?
Group of answer choices
84,000
27,000
63,000
21,000
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Accounting An Essential Guide To Learning Accounting Quickly
Authors: Greg Shields
1st Edition
1978341873, 978-1978341876
