Calculate gross profit, Calculate gross profit for Jonas

Calculate gross profit

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Reference no: EM13755001

Calculate gross profit for Jonas Co. based on the data given below:

Sales $764,000

Selling Expenses 52,500

Cost of Merchandise Sold 538,000

Sales Discounts 7,100

Sales Returns and Allowances 3,650

A. $753,250

B. 162,750

C. 215,250

D. 700,250

Reference no: EM13755001

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