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solina solina
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6 years ago
Your firm has the following income statement items: sales of $50,250,000; income tax of $1,744,000; operating expenses of $10,115,000; cost of goods sold of $35,025,000; and interest expense of $750,000. What is the amount of the firm's gross profit?
A) $18,000,000
B) $15,225,000
C) $5,000,110
D) $6,632,000
Textbook 
Financial Management: Principles and Applications

Financial Management: Principles and Applications


Edition: 13th
Authors:
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Heavy Heart Thank you bio-forums! Heavy Heart
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LutionalLutional
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6 years ago
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solina Author
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#2
6 years ago
Simple and easy, thank u
Heavy Heart Thank you bio-forums! Heavy Heart
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