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Multi-step Income Statement
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Multi-step Income Statement
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4. Merchandising Operations / Multi-step Income Statement / Problem 9
Problem 9
A company reports sales revenue of \$750,000 and COGS of \$450,000. What is the gross profit?
A
\$750,000
B
\$1,200,000
C
\$450,000
D
\$300,000
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