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A company advertises a gadget at the regular price of $8, with a coupon for a second gadget at half price.The company sold 50 gadgets for a total of $364.How many coupons were redeemed?
Merchandise Inventory
The total cost of all the goods held by a company for resale purposes, including goods in transit, on order, and in stock.
Net Income
Net income is the total earnings or profit a company makes after deducting all its expenses, including taxes, interests, and depreciation.
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