In April, Green Products received $62,000 in cash for its products and had returns totaling...
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Accounting
In April, Green Products received $62,000 in cash for its products and had returns totaling $2,000. Its gross profit margin was 55%. For the month of Aprit, it will report net sales and cost of goods sold (respectively) of $62,000 and $36,000. $62,000 and $27,900. $60,000 and $27,000. $60,000 and $33,000
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