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3 years ago

7

During the current year, merchandise is sold for $200,900 cash and $646,300 on account. The cost of the goods sold is $635,400.

What is the amount of the gross profit?

1 answer:

maksim [4K]3 years ago

6 0

Answer:

665,800

Step-by-step explanation:

315,800+1,225,000=1,540,800

1,540,800-875,000=665,800

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