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Question 42 (2 points) Fruhling Company presented the following data at the end of 2016: Net sales revenue $550,000 Cost of goods sold 250,000 Operating
Question 42 (2 points) Fruhling Company presented the following data at the end of 2016: Net sales revenue $550,000 Cost of goods sold 250,000 Operating expenses 60,000 Income tax rate 25% Determine the company's return on sales (rounded) OA) 28% B) 31% C) 33% OD 25% Question 32 (2 points) V Which of the following accounts should appear in a post-closing trial balance? A) Prepaid Insurance B) Professional Fees Earned C) Cash Dividends D) Supplies Expense
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