Financial Information Is Presented Below: Operating Expenses $\quad \$ 65,000$ Sales Revenue

question 130

Multiple Choice

Financial information is presented below: Operating Expenses $\quad \$ 65,000$
Sales Revenue $\quad \quad \quad 220,000$
Cost of Goods Sold $\quad 138,000$ The gross profit rate would be

• A) .077.
• B) .400.
• C) .627.
• D) .923.

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