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Calculate the gross profit

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Question - Bargain Merchandisers has the following transactions for the month of July.

Net Sales Revenue $424,000

Cost of Goods Sold 320,000

Operating Expenses 90,000

Interest Revenue 7,000

Required - Calculate Gross Profit.

a. 7000

b. 21,000

c. 14,000

d. 104,000

Reference no: EM133038012

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