[The Following Information Applies to the Questions Displayed Below

question 117

Multiple Choice

[The following information applies to the questions displayed below.]
Bremmer uses a periodic inventory system and the following information is available:

-What is the gross profit?

• A)$96,800
• B)$133,600
• C)$132,200
• D)$230,400

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Definitions:

Percent

A mathematical term used to describe a portion of 100, denoting a fraction of a whole in terms of equal parts per hundred.

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