a company has sales of 763000 and cost of goods sold of 306,000 its gross profit equals  (457,000) 763,000 306,000 457,000 1069,000

Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter5: The Income Statement And The Statement Of Cash Flows
Section: Chapter Questions
Problem 2MC: The following information is available for Cooke Company for the current year: The gross margin is...
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a company has sales of 763000 and cost of goods sold of 306,000 its gross profit equals 

(457,000)

763,000

306,000

457,000

1069,000

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