FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Please introduce and explanation and calculation proper please and I humble request to no plagiarism 

K
Bargain Merchandisers has the following transactions for the month of July.
Net Sales Revenue
Cost of Goods Sold
Operating Expenses
Interest Revenue
Calculate Gross Profit.
O A. $13,000
O B. $20,000
O C. $100,000
O D. $27,000
$410,000
310,000
80,000
7,000
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Transcribed Image Text:K Bargain Merchandisers has the following transactions for the month of July. Net Sales Revenue Cost of Goods Sold Operating Expenses Interest Revenue Calculate Gross Profit. O A. $13,000 O B. $20,000 O C. $100,000 O D. $27,000 $410,000 310,000 80,000 7,000
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