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How do calculate the gross profit

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Reference no: EM132626331

Problem 1: Calculate the Gross Profit, using the following information:

Net Sales Revenue: $200,000

Cost of Goods Sold (COGS): $140,000

Depreciation Expense: $20,000.

Select one:

a. 120,000

b. 60,000

c. 100,000

d. 40,000

Reference no: EM132626331

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