Assume the following information for a merchandising company: What is the gross margin? Multiple Choice $300,000 $150,000 $120,000 $350,000

Assume the following information for a merchandising company: $ 25, $ 3e, $ 5, Sales Variable Selling expenses Net operating income Fixed administrative expenses Vixed selling expenses Variable administrative expenses What is the gross margin? Multiple Choice $ 5, $ s,e $ a,a O O O $150,000 S120,OOO S350.ooo