Multiple Choice
On November 1,2019,Alpha Omega,Inc.sold merchandise for $16,000,FOB destination,with payment terms,n/30.The cost of goods sold was $5,280.On November 3,the customer returns on this sale amounted to $6,400.The company received the balance on November 9,2019.Calculate the gross profit from these transactions.
A) $2,112
B) $6,432
C) $5,280
D) $3,168
Correct Answer:
Verified
Correct Answer:
Verified
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