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What is the gross profit

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Reference no: EM132598154

Question - Given the following data:

Sales revenue $850,000

Beginning inventory 120,000

Ending inventory 200,000

Purchases 700,000

Freight-out 20,000

Freight-in 10,000

Sales Discounts 5,000

What is the Gross Profit?

a. $195,000

b. $200,000

c. $205,000

d. $210,000

e. $215,000

Reference no: EM132598154

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