BUISENESS MANAGEMENT
MERCHANDISING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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A company has sales of $763, 000 and cost of goods sold of $306, 000. Its gross profit equals:
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$(457, 000).
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$763, 000.
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$306, 000.
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$457, 000.
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$1, 069, 000.
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Explanation:
Detailed explanation-1: -A company has sales of $712, 000 and cost of goods sold of $285, 000. Its gross profit equals: $427, 000.
Detailed explanation-2: -A company has sales of $759, 600 and cost of goods sold of $304, 600 Its gross profit equals: $455, 000.
Detailed explanation-3: -Cushman Company had $840, 000 in net sales, $367, 500 in gross profit, and $210, 000 in operating expenses. Cost of goods sold equals: $472, 500.
Detailed explanation-4: -Terms in this set (86) A company has sales of $722, 200 and cost of goods sold of $289, 200. Its gross profit equals: $(433, 000).
There is 1 question to complete.