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How much gross profit did john make on this sale

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Question - John Company sells inventory to Taylor Corporation for $400,000. The inventory originally cost Georgia $280,000. How much gross profit did John make on this sale?

Reference no: EM133148018

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How much gross profit did john make on this sale : John Company sells inventory to Taylor Corporation for $400,000. The inventory originally cost Georgia $280,000. How much gross profit did John make on sale
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