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Cardero's sold merchandise for $250,000 cash during the month of June. Returns that month totaled $12,000. If the company's gross profit rate is 30%, they
Cardero's sold merchandise for $250,000 cash during the month of June. Returns that month totaled $12,000. If the company's gross profit rate is 30%, they will report monthly net sales revenue and cost of goods sold of Select one O a $238,000 and $166,600 O b. $250,000 and $166.600 c. 5238,000 and $71,400 Od $250,000 and $111,500
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