Answer Happy

Posted: **Mon Apr 25, 2022 7:21 am**

: Sales Revenue 230 000 Sales Returns And Allowances 15 000 Cost Of Goods Sold 150 000 Operating Expens 1 (63.72 KiB) Viewed 18 times

= • Sales Revenue = $230,000 • Sales Returns and Allowances = $15,000 • Cost of Goods Sold = $150,000 • Operating Expenses = $42,000 • Income Tax Expense = $2,000 = = Using the information above, calculate Gross Profit: O $106,000 O $215,000 O $23,000 O $65,000 O $40,000