Multiple Choice
Gross sales for Alfredo Milling Company was $100,000 for the month of May. Sales discounts amounted to $3,000. There were no returns. The difference, $97,000, represents which of the following for Alfredo Milling Company?
A) cost of goods sold
B) gross revenues
C) gross profit
D) net sales
Correct Answer:
Verified
Correct Answer:
Verified
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