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  3. a company had $579,000 in net sales, net income of

A company had $579,000 in net sales, net income of $129,000, sales discounts of $12,000,...

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Accounting

A company had $579,000 in net sales, net income of $129,000, sales discounts of $12,000, sales returns and allowances of $9,000, and operating expenses of $130,000. The company would report a Gross Profit of $558,000.

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