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  3. Study Set
    Financial Accounting Information for Decisions
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    Exam 4: Reporting and Analyzing Merchandising Operations
  5. Question
    A Company Had Sales of $375,000 and Gross Profit of $157,500.Its
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A Company Had Sales of $375,000 and Gross Profit of $157,500.Its

Question 132

Question 132

Multiple Choice

A company had sales of $375,000 and gross profit of $157,500.Its cost of goods sold was:


A) $(217,000) .
B) $375,000.
C) $157,500.
D) $217,500.
E) $532,500.

Correct Answer:

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