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    Cost of Sales: ABC Company

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    In 2007 ABC co had sales of $5,970,090, total expenses of $5,370,097 and gross profit of $2,777,300. What was cost of sales?

    I believe profit is irrelevant here, can I calculate cost of sales simply by using sales-expenses?

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    https://brainmass.com/business/accounting/cost-sales-abc-company-337733

    Solution Summary

    The expert examines the cost of sales for ABC Company.

    $2.19

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