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Please help with this question! I own a sporting-goods store and must sell ice skates. My budget to buy skates for my store is $4000. I should use half the retail price of the skates as the cost price. The skates I bought came to $3,899.74. They are now for sale in my store. Now, my store has apportioned $2000 as overhead expenses. If my store sold all the skates I purchased, what would be the gross revenue? Gross profit? Net profit? THANK YOU VERY MUCH!!
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