
Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN: 9781305970663
Author: Don R. Hansen, Maryanne M. Mowen
Publisher: Cengage Learning
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prob. financial account

Transcribed Image Text:Paradise Company reports the following information at December 31,
2012:
Sales
$ 1,80,00,000
Cash
30,00,000
Salaries payable
4,00,000
Dividends
10,00,000
Cost of sales
1,25,00,000
What is Natural Company's Gross Profit?
a. $6,100,000
b. $6,500,000
c. $5,500,000
d. $12,000,000
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