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  3. if net sales are $1,000, food cost is $300, and la

If net sales are $1,000, food cost is $300, and labor cost is $200, gross...

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Question

Accounting

  1. If net sales are $1,000, food cost is $300, and labor cost is $200, gross profit:

    is $1,000.

    is $700.

    is $500.

    cannot be determined from the given information.

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