QUESTION 5 Financial information is presented bellow: Operating expense Sales returns and allowances..13,000 Sales discounts.6 $45,000 Sales revenue.1 6,000 160,000 GROSS PROFIT IS? O $77,000 o $70,000 $64,000 O$83,000 QUESTION 6 Financial information is presented bellow Operating expenses.. Sales returns and allowances..3000 $45,000 13,000 Sales discounts. 6,000 Cost of goods sold... 160,000 GROSS PROFIT RATE IS s revenue 7.000 O.45. .50. .54. QUESTION 7 Financial information is presented bellow Operating expenses...$4.000 Sales returns and allowances 13,000 Sales discounts.snsaens6,000 Sales revenuee160 160,000 77,000 Cost of goods sold.... THE PROFIT MARCIN RATIO 1S77.000 0-454. .238. O 135