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Financial Information Is Presented Below Gross Profit Would Be
A) $40,000

question 54

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Financial information is presented below:  Operating expenses $35,000 Sales returns and allowances 12,000 Sales discounts 3,000 Sales revenue 140,000 Cost of goods sold 85,000\begin{array} { l r } \text { Operating expenses } & \$ 35,000 \\\text { Sales returns and allowances } & 12,000 \\\text { Sales discounts } & 3,000 \\\text { Sales revenue } & 140,000 \\\text { Cost of goods sold } & 85,000\end{array} Gross profit would be

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Definitions:

System

A collection of rules or methods that dictate how something is executed; a structured plan or approach.

Graph

A visual representation of data or mathematical functions, typically drawn on a coordinate plane, showing the relationship between two or more variables.

Linear Inequalities

Mathematical statements involving linear expressions subject to inequality relationships, like greater than or less than.

System

A group of related parts that work together to achieve a goal or accomplish a task, in mathematics, often referring to a set of equations.

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