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O c. $265 O d. $635 Clear my choice on 2 ered Abbey Co. sold merchandise to Gomez Co. on account, $35,000, terms 2/15, net
O c. $265 O d. $635 Clear my choice on 2 ered Abbey Co. sold merchandise to Gomez Co. on account, $35,000, terms 2/15, net 45. The cost of the merchandise sold was $24,500. Abbey Co. issued a credit memo for $3,600 for merchandise returned that originally cost $1,700. Gomez Co. paid the invoice within the discount period. What is the amount of gross profit earned by Abbey Co. on the above transactions? ed out of ag question Select one: a. $10,500 O b. $30,772 O c. $7,972 d. $31,400 estion 3 Bradford Company had sales of $700.000 for the year. The total assets at the beginning of the year were $240,000. and the total assets at the end of the year were $280,000. The ratio of sales to total assets is (round answer to two decimal pt yet Type here to search
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