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The following is a listing of some of the balance sheet accounts and all of the income statement accounts for Northview Company as they appear

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The following is a listing of some of the balance sheet accounts and all of the income statement accounts for Northview Company as they appear on the company's adjusted trial balance. Accounts Payable Accounts Receivable Inventory Advertising Expense Cost of Goods Sold Delivery Expense Income Tax Expense Insurance Expense Rent Expense Sales Revenue Sales Discounts Sales Returns & Allowances $ 14,000 24,000 22,600 18,500 141,000 7,300 4,000 1,000 17,200 290,000 9,700 38,500 The gross profit percentage would be closest to: Multiple Choice 35.8%. 41.7%. O 88.9%. O O 76.0%

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