The following items (in thousands) are taken from the financial statements of Huang Company for the...
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The following items (in thousands) are taken from the financial statements of Huang Company for the year ending December 31, 2014: Sales Sales return Purchases purchases discount 2000000 350000 400000 120000 350000 5000 110000 Beg. inventory Freight cost End. inventory the amount of Gross profit is: OA. 112500 OB. 1125000 O C. 1650000 O D. 240000 The following items (in thousands) are taken from the financial statements of Huang Company for the year ending December 31, 2014: Sales Sales return Purchases purchases discount 2000000 350000 400000 120000 350000 5000 110000 Beg. inventory Freight cost End. inventory the amount of Gross profit is: OA. 112500 OB. 1125000 O C. 1650000 O D. 240000
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Related Book For
Financial accounting
ISBN: 978-0136108863
8th Edition
Authors: Walter T. Harrison, Charles T. Horngren, William Bill Thomas
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