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    Backstreet Books, an Eclectic Bookstore on a Large College Campus
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Backstreet Books, an Eclectic Bookstore on a Large College Campus

Question 276

Question 276

True/False

Backstreet Books, an eclectic bookstore on a large college campus generated total revenues of $15 million while incurring expenses of $12 million. During the year Backstreet Books earned a profit of $3 million.

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