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Solved by Expert Tutors
Question

DFF is a merchandising company, selling computers. During the first

month of operation, it purchased inventory of $ 560,000 and sold the computers for $ 760,000. Ending inventory consists of computers worth $20,000. What's the gross profit for the month?


Select one:
a. 200,000
b. 180,000
c. 220,000
d. 210,000

Step-by-step answer

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Subject: Accounting, Business

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