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If Net Sales Is $10,500, Cost of Goods Sold Is

Question 3

Multiple Choice

If Net Sales is $10,500, Cost of Goods Sold is $5,400, Gross Profit is $5,100 and Operating Expenses are $1,800, what is the Net Income from Operations?


A) $6,900
B) $3,300
C) $1,800
D) $5,100

Correct Answer:

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