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    Foundations of Business
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    Exam 15: Using Management and Accounting Information
  5. Question
    Target Takes Its Net Sales and Subtracts the Cost of Goods
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Target Takes Its Net Sales and Subtracts the Cost of Goods

Question 121

Question 121

Multiple Choice

Target takes its net sales and subtracts the cost of goods sold during the previous period.The result is Target's


A) gross sales.
B) net income.
C) gross profit.
D) net margin.
E) net purchases.

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