On April 10, ABC sold $55,000 worth of merchandise that cost them $35,000, terms 2/15, /30...

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On April 10, ABC sold $55,000 worth of merchandise that cost them $35,000, terms 2/15, /30 On April 14, the customer who bought merchandise on April 10, returned $5,000 worth of inventory as it was not the right sizes The goods cost $3,150. On April 25, the customer paid ABC the balance due taking full advantage of the discount offered. Determine Gross Profit as of April 30? On April 10, ABC sold $55,000 worth of merchandise that cost them $35,000, terms 2/15, /30 On April 14, the customer who bought merchandise on April 10, returned $5,000 worth of inventory as it was not the right sizes The goods cost $3,150. On April 25, the customer paid ABC the balance due taking full advantage of the discount offered. Determine Gross Profit as of April 30?

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Answer Gross profit as of April 30 17150 Calculation of Gross pr... View the full answer