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/ Homework Answers / Accounting / Question $560,000 Referring to the table, what the gross profit? a) $148,000 b) $90,000 c)

Question

Question

$560,000

Referring to the table, what is the gross profit?

a) $148,000

b) $90,000

c) $168,000

d) $105,000

Sales Revenue

$560,000

Cost of Goods Sold

345,000

Sales Discounts

28,000

Sales Return and Allowances

19,000

Operating Expenses

85,000

Interest Revenue

5,000

 

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Accounting 8 Months Ago 135 Views
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