Forever uses the p a rty system OA Sales Revenue Cost of Goods Sold Sales Revenue OC. Sales Revenue Account Rece ODA Sales Revenge Refer to the following trial balance Credit Accounts Receivable Merchandise Inventory Supplies Debit $15.000 41000 61.000 18.000 330,000 Accounts Payable Notes Payable Common Stock Retained Earnings Dividends 315.000 22.000 3.000 3.000 A3245.000 OB. 599.000 C5107 000 OD S102.000 Cick to select your answer 25,000 315.000 22,000 3,000 455.000 Notes Payable Common Stock Retained Earnings Dividends Sales Revenue Cost of Goods Sold Salaries Expense Utilities Expense Rent Expense Interest Expense Totals 210.000 15,000 67.000 56.000 5.000 $821,000 $821.000 How much is the gross profit? A. $245,000 OB. 599.000 OC. $107.000 OD. $102.000 Click to select your answer The following information relates to Sports Bikes, Inc. Net Sales Revenue Cost of Goods Sold Interest Revenue Operating Expenses $215,000 160.000 10,000 40,000 Calculate the operating income O A. $15,000 OB. $240.000 c. $25.000 OD. $70.000 A company made net sales revenue of $650,000, and cost of goods sold totaled $ 192,500. Calculate its gross profit percentage. O A. 35% OB. 100% OC. 65% OD 300%