A company has $550,000 in net sales and $193,000 in gross profit. This means its cost of
Question:
A company has $550,000 in net sales and $193,000 in gross profit.
This means its cost of goods sold equals
a. $743,000.
b .$550,000.
c. $357,000.
d. $(193,000).
e. $193,000.
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