"Prather Inc. has sales of $100,000, sales returns of $5,000, cost of goods sold of $60,000, and selling expenses of $3,000. Calculate gross profit."
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Ответ:
$35,000
Explanation:
By the contribution margin model, gross profit is calculated by subtracting the cost of goods sold from the sales.
For Prather Inc. the sales of $100,000 and sales return of $5000
costs of goods sold $60,000
Net sales will be $95,000( $100,000 -$5,000)
Gross profits will be $95,000 - $60,000
=$35,000
Ответ: