Multiple Choice
Given the following for a company: sales $48,000, sales returns and allowances $6,000, operating expenses $6,200, beginning inventory $900, net purchases $9,100, ending inventory $2,300, find the company's gross profit.
A) $34,000
B) $43,000
C) $34,003
D) $34,300
E) None of these
Correct Answer:
Verified
Correct Answer:
Verified
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