cushman company had 834,000 in sales sales discount of 12510 sales returns and allowness of 18765 cost of goods sold of 396150 and 286895 in operating expenses net income equals what 802725 150955 406575 119680 182230

cushman company had 834,000 in sales sales discount of 12510 sales returns and allowness of 18765 cost of goods sold of 396150 and 286895 in operating expenses net income equals what 802725 150955 406575 119680 182230

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

cushman company had 834,000 in sales sales discount of 12510 sales returns and allowness of 18765 cost of goods sold of 396150 and 286895 in operating expenses net income equals what

802725

150955

406575

119680

182230

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Cushman Company had $814,000 in sales, sales discounts of $12,210, sales returns and allowances of $18,315, cost of goods sold of $386,650, and $280,015 in operating expenses. Gross profit equals: O Multiple Choice $396,825. O $415,140. $409,035. $783,475. $116,810.
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