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Accessories department reported the following: Cost of Goods Sold.. $245,000 Gross Margin.. 46% Net Profit.. 3% What is the $ Net Sales and $ Operating

Accessories department reported the following: Cost of Goods Sold.. $245,000 Gross Margin.. 46% Net Profit.. 3% What is the $ Net Sales and $ Operating Expenses?

A. $453,704 Net Sales; $195,093 Operating Expenses

B. $36,296 Net Sales; $208,704 Operating Expenses

C. $403,797 Net Sales; $208,704 Operating Expenses

D. $13,611 Net Sales; $195,093 Operating Expenses

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