Answered: a company has sales of 763000 and cost…

a company has sales of 763000 and cost of goods sold of 306,000 its gross profit equals (457,000) 763,000 306,000 457,000 1069,000

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

a company has sales of 763000 and cost of goods sold of 306,000 its gross profit equals

(457,000)

763,000

306,000

457,000

1069,000

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