For the fiscal year sales were 4125800 sales discounts were 380000 sales returns and allowances were 186750 and the cost of merchandise was 2475500 What was the amount of net sales gross profit?

2026-03-20 06:50

Sales 4125800

Less:

sales discounts 380000

Returns and allowances 186750

Net discount and returns 566750

Cost of merchandise 2475500

Gross profit 1083550

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