Financial Information Is Presented Below Gross Profit Would Be
A) $51200

question 169

Multiple Choice

Financial information is presented below: $\begin{array}{lr}\text { Operating Expenses } & \$ 92,800 \\\text { Sales Returns and Allowances } & 18,000 \\\text { Sales Discounts } & 12,000 \\\text { Sales Revenue } & 350,000 \\\text { Cost of Goods Sold } & 176,000\end{array}$ Gross profit would be

• A) $51200.
• B) $144000.
• C) $156000.
• D) $174000.

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