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Paresh Called His Investors to Let Them Know That the Funds

Question 17

Multiple Choice

Paresh called his investors to let them know that the funds received from all sales of the firm's products reached $1 million, not counting returns or allowances. Paresh was referring to his


A) cost of goods sold.
B) gross profit.
C) current assets.
D) gross sales.
E) net sales.

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