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OpenStudy (anonymous):
the company's gross profit based on the following is sales $48,000, sales returns and allowances $6,000, operating expenses $6,200, beginning inventory $900, net purchases $9,100, ending inventory $2,300
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OpenStudy (amistre64):
gross = revenue - cos of goods sold
OpenStudy (amistre64):
well, net sales that is
OpenStudy (amistre64):
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