calculate gross profit. show all calculations

calculate gross profit rate. show all calculations

calculate operating income. show all calculations

Use the appropriate information from the data provided below to calculate gross profit rate. Show all calculation Cost of goods sold $ 234,000 General and administrative expenses 96,000 Net cash provided by financing activities 138,000 Dividends paid 32,000 Income tax expense 22,000 Other selling expenses 52,000 Net sales 556,000 Advertising expense 78,000 Accounts payable 66,000 Path