69. Financial information is presented below S 60,000 225,000 135,000 Operating Expenses lo Sales Revenue Cost of Goods Sold The gross profit rate would be A) .133. B) 400. C) .600. D) .733. 70. In the Augie Company, sales were $750,000, sales returns and al and cost of goods sold was $450,000. The gross profit rate naw A) 36%. B) 37.5%. C)4096. D) 41.7%. were $30 71. The following information is available for Dennehy Company: $390,000 Freight-in Sales Revenue Ending Inventory 30,000 15,000 37,500 Purchase Returns and Allowances Purchases 270,000 Beginning Inventory 45,000 Dennehy's cost of goods sold is A) $262,500. B) $285,000. C) $292,500. D) $345,000. $8,000 72. At the beginning of September 2015, Stella Company reported Inventory of purchases of $35,600. At September 30, 2015,a During the month, the company made physical count of inventory A) $35,200. B) $35,600. C) $36,000. D) $43,600. reported $8,400 on hand. Cost of goods sold for the month is