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What Is the Total Gross Profit of the Company If

Question 1

Multiple Choice

What is the total gross profit of the company if there are three departments (A, B, and C) and the net sales are $210,000, $178,000, and $289,000, respectively, and cost of goods sold is $135,000, $142,000, and $125,000, respectively?


A) $124,000
B) $86,000
C) $275,000
D) $207,000

Correct Answer:

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