Use the information below to answer the following question(s) .The following information pertains to Payton's Shoe Manufacturing:
99,500 pairs of shoes are sold during the year for $18.
-What is the amount of Payton's gross profit?
A) $995,000
B) $1,000,000
C) $1,791,000
D) $796,000
E) $896,000
Correct Answer:
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