During the current year merchandise is sold for 375000 cash
1. During the current year, merchandise is sold for $375,000 cash and $815,000 on account. The cost of the merchandise sold is $700,000. What is the amount of the gross profit?
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1 during the current year merchandise is sold for 375000 cash and 815000 on account the cost of the merchandise sold is
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product x is made of two units of y and three of z y is made of one unit of a and two units of b z is made of two units
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