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Compute alberto & sons gross profit for october

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Question - Alberto & Sons, Inc., a retailer of antique figurines, engages in the following transactions during October of the current year: Oct. 1 Purchases 100 Hummels at $ 50 each. Oct. 5 Sells 50 of the Hummels at $ 80 each. Compute Alberto & Sons's gross profit for October.

Reference no: EM131790663

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