Referring to the Following Table,what Is Gross Profit A) $90,000
B) $125,000
C) $140,000
D) $160,000

question 155

Multiple Choice

Referring to the following table,what is Gross profit? $$\begin{array} { | r | r | } \hline \text { Sales revenue } & \$ 460,000 \\\hline \text { Cost of goods sold } & 300,000 \\\hline \text { Operating expenses } & 85,000 \\\hline \text { Sales discounts } & 20,000 \\\hline \text { Sales returns and allowances } & 15,000 \\\hline \text { Interest revenue } & 5,000 \\\hline\end{array}$$

• A) $90,000
• B) $125,000
• C) $140,000
• D) $160,000

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