For standing bear company, sales revenue is $200,000, sales returns and allowances are $5,000, sales discounts are $3,000, and cost of goods sold is $120,000. Gross profit is?.

Question

03-10-2022
Business

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For standing bear company, sales revenue is $200,000, sales returns and allowances are $5,000, sales discounts are $3,000, and cost of goods sold is $120,000. Gross profit is?.

Sagot :

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