Determine sales and gross profit given cost of goods sold


A company had expenses other than cost of goods sold of $175,000. Determine sales and gross profit given cost of goods sold was $622,000 and net loss was ($41,000).

Sales: $838,000: Gross Profit: $216,000

Sales: $756,000: Gross Profit: $134,000

Sales: $134,000: Gross Profit: $216,000

Sales: $797,000: Gross Profit: $756,000

Sales: $756,000: Gross Profit: $797,000

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Accounting Basics: Determine sales and gross profit given cost of goods sold
Reference No:- TGS060785

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