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Financial Information Is Presented Below Gross Profit Would Be
A) 154,000€ 154,000

question 98

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Financial information is presented below.
 Operating Expenses 90,000 Sales Returns and Allowances 26,000 Sales Discounts 12,000 Sales 320,000 Cost of Goods Sold 154,000\begin{array} { l r } \text { Operating Expenses } & € 90,000 \\ \text { Sales Returns and Allowances } & 26,000 \\ \text { Sales Discounts } & 12,000 \\ \text { Sales } & 320,000 \\ \text { Cost of Goods Sold } & 154,000 \end{array}
Gross profit would be


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