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What is the amount of the gross profit

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Question: During the current year, merchandise is sold for $18,300 cash and $295,700 on account. The The cost that is reported as an expense when merchandise is sold.cost of the merchandise sold is $188,000. What is the amount of the gross profit? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132125189

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