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What is the dollar amount of conroy credit sales

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Reference no: EM132660891

Problem 1: Conroy Corporation's sales for 2020 totaled $1,000,000. Eighty percent of Conroy's sales are made on credit. Conroy's gross margin equals 20% of sales. What is the dollar amount of Conroy's 2020 credit sales?

Reference no: EM132660891

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