Financial Information Is Presented Below $\begin{array}{lr}\text { Operating Expenses } &€ 45,000 \\\text { Net Sales } & 150,000 \\\text { Cost of Goods Sold } & 77,000\end{array}$

question 96

Multiple Choice

Financial information is presented below.
$\begin{array}{lr}\text { Operating Expenses } &€ 45,000 \\\text { Net Sales } & 150,000 \\\text { Cost of Goods Sold } & 77,000\end{array}$

The gross profit rate would be

• A).700 .
• B).187 .
• C).300 .
• D) .487

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