Ellicott city manufacturers inc has sales of 6344210 and a
Ellicott City Manufacturers, Inc. has sales of $6,344,210, and a gross profit margin of 67.3 percent. What is the firm's cost of goods sold?
a. $2,074,557
b. $2,745,640
c. $274,560
d. $900,000
e. None of the Above
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Also, the firm had a net inflow of $ 300,000 from the sale of assets. What is the net cash used in investing activities?
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