Financial Information Is Presented Below Gross Profit Would Be
A) $114,000

question 86

Multiple Choice

Financial information is presented below: $$\begin{array} { l r } \text { Operating expenses } & \$ 36,000 \\\text { Sales revenue } & 150,000 \\\text { Cost of goods sold } & 105,000\end{array}$$ Gross profit would be

• A) $114,000.
• B) $ 36,000.
• C) $ 45,000.
• D) $ 24,000.

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