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Sunland Corp. has annual sales totaling $1242000 and an average gross profit of 20% of cost. What is the dollar amount of the gross profit?
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Sunland Corp. has annual sales totaling $1242000 and an average gross profit of 20% of cost. What is the dollar amount of the gross profit?

User Emanuele Mazzoni
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1 Answer

3 votes

Answer:

The total amount of gross profit is 1,490,400

Explanation:

1242000 x 1.20 =1,490,400

Hope I helped :)

User Cameron Wasilewsky
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