Multiple Choice
Hazelwood Company had beginning inventory of $54,000.During the period the company purchased $109,800 of merchandise.At the end of the period,Hazelwood's inventory was $39,600.If the gross profit percentage was 40%,what was Hazelwood's sales revenue?
A) $82,800
B) $32,400
C) $135,000
D) $207,000
Correct Answer:
Verified
Correct Answer:
Verified
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