FIllmore Company began operations on Sept. 1 by purchasing $6,000 of inventory and $600 of...
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FIllmore Company began operations on Sept. 1 by purchasing $6,000 of inventory and $600 of cleaning supplies. During the month, the company generated $7,500 of sales revenue. On Sept. 30, the company had $2,100 of inventory remaining, along with $400 of cleaning supplies. What was FIllmore Company's gross profit for the month of September? Note 3,400 is wrong somehow!
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