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H3Ko H3Ko
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7 years ago
Gross profit is calculated as the difference between net sales revenue and ________.
A) selling and administrative expenses
B) cost of merchandise inventory
C) cost of goods sold
D) purchases
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Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
Authors:
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.unplugged..unplugged.
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H3Ko Author
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#2
7 years ago
I posted this question a while back then forgot to check the forum lol Thanks for answering, you were right
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