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Business, 06.03.2020 23:31 anzhaiha7

During 2020, Waterway Co. generated revenues of $105000. The company’s expenses were as follows: cost of goods sold of $50000, operating expenses of $19000 and a loss on the sale of equipment of $3100. Waterway’s gross profit isa. $24,000.
b. $27,000.
c. $35,000.
d. $45,000.

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