Aspen Company has sales of $2,000,000, cost of goods sold of $200,000, and selling and administrative costs of $500,000. Aspen Company's gross margin is: A. $1,800,000. B. $1,500,000. C. $1,300,000. D. $1,700,000.
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![Aspen Company has sales of $2,000,000, cost of goods sold of $200,000, and selling
and administrative costs of $500,000. Aspen Company's gross margin is:
A. $1,800,000.
B. $1,500,000.
C. $1,300,000.
D. $1,700,000.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F7796d8cd-3d8b-4dc3-a62c-fb1945eb14ae%2Ff7630d4c-06ce-4a57-bc84-889b1da1d63d%2Ftp4r2cd_processed.jpeg&w=3840&q=75)
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