A company has net sales of $1,832,000,sales commissions of $194,000,net income of $366,400,and the gross profit ratio of 60%.What is the amount of cost of goods sold?
A)$ 538,800
B)$ 732,800
C)$ 655,200
D)$ 879,360
E)$1,099,200

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The Answer of A company has net sales of $1,832,000,sales commissions of $194,000,net income of $366,400,and the gross profit ratio of 60%.What is the amount of cost of goods sold?
A)$ 538,800
B)$ 732,800
C)$ 655,200
D)$ 879,360
E)$1,099,200

A Company Has Net Sales of $1,832,000,sales Commissions of $194,000,net