Question: Please provide the accurate answer to this general accounting problem using appropriate methods. Kingston Booksellers reported net sales of $825,000 for the year. The company's

Please provide the accurate answer to this general accounting problem using appropriate methods.

Kingston Booksellers reported net sales of $825,000 for the year. The company's cost of goods sold was $625,000. The finance manager wants to determine the company's gross profit before calculating operating expenses. What is Kingston Booksellers' gross profit? a. $190,000 b. $200,000 c. $210,000 d. $220,000

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