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You are provided with the following incomplete information about the income statement for company XYZ, year ending 20XX Sales. $925,000 C.O.G.S $? Expensive $(information is
You are provided with the following incomplete information about the income statement for company XYZ, year ending 20XX
Sales. $925,000
C.O.G.S $?
Expensive $(information is missing)
Net Income $25,000
You are told that the Gross Profit of Company XYZ for that year was $265,000. Fill in the COGS amount
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