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raketka [301]
3 years ago
14

Cushman Company had $812,000 in sales, sales discounts of $12,180, sales returns and allowances of $18,270, cost of goods sold o

f $385,700, and $279,330 in operating expenses. Gross profit equals:
Business
1 answer:
Svetach [21]3 years ago
3 0

Answer:

$395,850

Explanation:

Calculation for Cushman Company Gross profit

Using this formula

Gross Profit=Sales-Sales discounts-Sales returns and allowances-Cost of goods sold

Let plug in the formula

Gross Profit = $812,000 - $12,180 - $18,270- $385,700

Gross profit= $395,850

Therefore Cushman Company Gross profit will equal $395,850

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