Question
A company has net sales of $763,000 and cost of goods sold of $551,000. Its net income is $20,160. The company's gross margin and operating
A company has net sales of $763,000 and cost of goods sold of $551,000. Its net income is $20,160. The company's gross margin and operating expenses, respectively, are:
a . $212,000 and $191,840
b.$212,000 and $232,630
c.$232,630 and $530,840
d.$742,370 and $191,840
e.$530,840 and $232,630
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Principles Of Corporate Finance
Authors: Richard A Brealey, Stewart C Myers, Franklin Allen
8th Edition
0073130826, 9780073130828
