And Sells It for $4 a Half Litre

question 109

Multiple Choice

and sells it for $4 a half litre.Which of the following statements is true?

• A)Your gross profit per half litre is $2.50.
• B)Your gross profit per half litre is $1.75.
• C)$2.50 is recorded in an account titled Gross Profit.
• D)$1.75 is recorded in an account titled Gross Profit.