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A Company Has $4,500 in Net Sales,$3,200 in Gross Profit,$1,300

Question 101

Multiple Choice

A company has $4,500 in net sales,$3,200 in gross profit,$1,300 in ending inventory,and $1,800 in beginning inventory.The company's cost of goods sold is:


A) $3,200.
B) $1,300.
C) $2,700.
D) $1,400.

Correct Answer:

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