Financial Information Is Presented Below The Gross Profit Rate Would Be

A)

question 49

Multiple Choice

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

The gross profit rate would be

• A).454
• B).546 .
• C) .500
• D).538

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Definitions:

List Database

A database specifically organized as a list, where data is stored and accessed sequentially or by some criteria.

Collection

In programming, a collection refers to a group or structure used to store multiple values or objects, allowing for data management and manipulation.

Tables

Structures composed of rows and columns used to organize, display, and manage data.

Database

An organized collection of structured information or data, typically stored electronically in a computer system.