A Company Has Net Sales of $752,000 and Cost of Goods

question 57

Multiple Choice

A company has net sales of $752,000 and cost of goods sold of $543,000. Its net income is $17,530. The company's gross margin and operating expenses, respectively, are:

• A) $227,000 and $525,470
• B) $209,000 and $191,470
• C) $191,470 and $209,000
• D) $525,470 and $227,000
• E) $734,000 and $191,470

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Definitions:

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The total number of people living in Canada, encompassing a diverse blend of ethnicities, cultures, and languages.

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A psychiatrist known for her pioneering work on the five stages of grief, significantly influencing the fields of palliative care and psychology.