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Financial Information Is Presented Below Gross Profit Would Be
A) $51200

Question 169

Multiple Choice

Financial information is presented below:  Operating Expenses $92,800 Sales Returns and Allowances 18,000 Sales Discounts 12,000 Sales Revenue 350,000 Cost of Goods Sold 176,000\begin{array}{lr}\text { Operating Expenses } & \$ 92,800 \\\text { Sales Returns and Allowances } & 18,000 \\\text { Sales Discounts } & 12,000 \\\text { Sales Revenue } & 350,000 \\\text { Cost of Goods Sold } & 176,000\end{array} Gross profit would be


A) $51200.
B) $144000.
C) $156000.
D) $174000.

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