Multiple Choice
BMX Co. sells item XJ15 for $1,000 per unit, and has a cost of goods sold percentage of 80%. The gross profit to be found for selling 20 items:
A) is $20,000.
B) is $16,000.
C) is $ 4,000.
D) cannot be calculated with a cost of goods sold percentage greater than 50%.
Correct Answer:
Verified
Correct Answer:
Verified
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