Question: Please help answer this question On November 1, 2025, Alpha Omega, Inc, sold merchandise for $11,000, FOB destination, with payment torms, n/30. The cost of
On November 1, 2025, Alpha Omega, Inc, sold merchandise for $11,000, FOB destination, with payment torms, n/30. The cost of goods sold was $4,400. On November 3 , the customer returns on this sale amounted $4,400 of merchandise purchased. The company received the balance on November 9, 2025. Calculate the gross profit from these transactions. A. $4,400 B. $3,960 C. $2,640
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