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Ottawa, Inc. provides the following data: Cash Accounts Receivable, Net Merchandise Inventory Property, Plant, and Equipment, Net Total Assets 2019 $23,000 37,000 55,000 127.000 $242,000

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Ottawa, Inc. provides the following data: Cash Accounts Receivable, Net Merchandise Inventory Property, Plant, and Equipment, Net Total Assets 2019 $23,000 37,000 55,000 127.000 $242,000 2018 $22,000 37,000 25,000 96.000 $180,000 For the year ending December 31, 2019: Net Credit Sales $300,000 Cost of Goods Sold (170,000) Gross Profit $130,000 O A. 48.67 OB. 53.68 OC. 118.09 OD. 85.88 Ottawa, Inc. provides the following data: Cash Accounts Receivable, Net Merchandise Inventory Property, Plant, and Equipment, Net Total Assets 2019 $23,000 37,000 55,000 127.000 $242,000 2018 $22,000 37,000 25,000 96.000 $180,000 For the year ending December 31, 2019: Net Credit Sales $300,000 Cost of Goods Sold (170,000) Gross Profit $130,000 O A. 48.67 OB. 53.68 OC. 118.09 OD. 85.88

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