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What gross profit would be

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Reference no: EM132745801

Financial information is presented below:

Operating Expenses € 270,000

Sales Returns and Allowances 78,000

Sales Discounts 36,000

Sales Revenue 900,000

Cost of Goods Sold 402,000

Problem 1: Gross profit would be

Option 1: €498,000.

Option 2: €420,000.

Option 3: €462,000.

Option 4: €384,000.

Reference no: EM132745801

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