Auto Be Here is a toy car factory with net sales revenues of $653,694 and cost...
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Auto Be Here is a toy car factory with net sales revenues of $653,694 and cost of goods sold of $450,730. Operating expenses were $147,605 and interest expenses were $9,860. Calculate the company's gross profit. Round your final answer to the nearest $. Do not use $ signs in your final answer. Do not round intermediary answers. Auto Be Here is a toy car factory with net sales revenues of $653,694 and cost of goods sold of $450,730. Operating expenses were $147,605 and interest expenses were $9,860. Calculate the company's gross profit. Round your final answer to the nearest $. Do not use $ signs in your final answer. Do not round intermediary answers.
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Answer rating: 100% (QA)
To calculate the companys gross profit you need to subtract the cost of goods sold COGS ... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
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