Suppose Bonzai Boards, Inc., had sales of ($180,000) and sales returns of ($22,000.) Cost of goods sold

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Suppose Bonzai Boards, Inc., had sales of $$180,000$ and sales returns of $$22,000.$ Cost of goods sold was $$110,000.$ How much gross profit did Bonzai Boards, Inc., report?

a. ($48,000\)

b. $70,000

C. ($92,000\)

d. $158,000\)

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Financial Accounting

ISBN: 9780136060482

1st Edition

Authors: Jeffrey Waybright, Robert Kemp

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Question Posted: May 11, 2024 11:02 PM

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Suppose Bonzai Boards, Inc., had sales of ($180,000) and sales returns of ($22,000.) Cost of goods sold

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Financial Accounting

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