Financial information is presented below: Operating expenses $ 37000 Sales revenue 224000 Cost of goods sold 141000 The gross profit rate would be

A.0.37.

B.0.63.

C 0.17

D. 0.21.

2.

Financial information is presented below:

Operating expenses	$ 50000
Sales returns and allowances	6000
Sales discounts	7000
Sales revenue	158000
Cost of goods sold	90000

The gross profit rate would be

0.35.

0.43.

0.62.

0.38.