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A company has sales of $701,800 and cost of goods sold of $280,800. Its gross profit (loss) equals:

A company has sales of $701,800 and cost of goods sold of $280,800. Its gross profit (loss) equals:
asked 133k views
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A company has sales of $701,800 and cost of goods sold of $280,800. Its gross profit (loss) equals:

asked
User Shuberman
by
8.2k points

1 Answer

3 votes

Answer:

$ 421,000

Step-by-step explanation:

Gross Profit = $ 701,800 - $ 280,800 = $ 421,000

answered
User Darksmurf
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7.5k points
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