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For Last Year,Ulladula Enterprises Reported Revenues of $420 000,cost of Goods

Question 49

Multiple Choice

For last year,Ulladula Enterprises reported revenues of $420 000,cost of goods sold of $108 000,cost of goods manufactured of $101 000,and total operating costs of $70 000.Gross margin for last year was:


A) $249 000
B) $312 000
C) $319 000
D) $242 000

Correct Answer:

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