Financial Information Is Presented Below The Gross Profit Rate Would Be

A)

question 107

Multiple Choice

Financial information is presented below.
$\begin{array} { l r } \text { Operating Expenses } & € 90,000 \\ \text { Sales Returns and Allowances } & 26,000 \\ \text { Sales Discounts } & 12,000 \\ \text { Sales } & 300,000 \\ \text { Cost of Goods Sold } & 134,000 \end{array}$
The gross profit rate would be

• A).535 .
• B).489 .
• C) .511 .
• D).553 .