The Callie Company has provided the following information: Operating expenses were $241,000; Cost of goods...
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Accounting
The Callie Company has provided the following information: Operating expenses were $241,000; Cost of goods sold was $372,000; Net sales were $910,000; Interest expense was $44,000; Gain on sale of a building was $81,000 Income tax expense was $133,600. What was Callie's gross profit? Multiple Choice $538,000 $203,000 $166,000 $297000
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