Parkside Pool Reports Net Sales of $625,000, Gross Profit of $275,000

question 92

Multiple Choice

Parkside Pool reports net sales of $625,000, gross profit of $275,000, and profit for the period of $15,000. The company's cost of goods sold is:

• A) $335,000.
• B) $350,000.
• C) $340,000.
• D) $325,000.

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Definitions:

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