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  3. the __________ cost of goods sold (cogs) produces

The __________ cost of goods sold (COGS) produces __________ profits, which __________ taxable income. ...

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Accounting

The __________ cost of goods sold (COGS) produces __________ profits, which __________ taxable income.
lower; lower; increases
higher; less; decreases
higher; higher; increases
higher; lower; increases

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