Sutton Supplies Reports Net Sales of $3,750,000,net Income of $375,000,and

question 112

Multiple Choice

Sutton Supplies reports net sales of $3,750,000,net income of $375,000,and gross profit of $900,000.The company's cost of goods sold is:

• A)$1,700,000.
• B)$1,900,000.
• C)$3,375,000.
• D)$2,850,000.