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    Managerial Accounting
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    Exam 2: Building Blocks of Managerial Accounting
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    Company X Sells Widgets
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Company X Sells Widgets

Question 79

Question 79

Multiple Choice

Company X sells widgets. The following information summarizes the company's operating activities for the year: Company X sells widgets. The following information summarizes the company's operating activities for the year:   What is gross profit? A) $15,500 B) $21,000 C) $17,000 D) $12,500 What is gross profit?


A) $15,500
B) $21,000
C) $17,000
D) $12,500

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