three 3 01 spring 2020 - Goo x + t/d/1uAQph9XkhQ6ecmJXAMV63ANabFMcfOyqipOlqZCTcY/edit Cengage A launch pad univ 200 HOME - myvcs Home EROC 8.5 payments Tools Add-ons Help I text - Times New... - Last edit was made 3 minutes ago by anonymous 12 - B IVA E . 15 E. 123 5. Which of the following best describes recording the fact that Your Company sold inventory under FOB destination? Shipping cost were $600 and paid in cash. A. asset exchange S B. asset use C. asset source D. claims exchange 6. Your Company had $850,000 in sales, sales discounts of $18,500, sales returns and allowances of $16,000, cost of goods sold of S420,000, and $375,000 in operating expenses. What is the gross profit margin? A. $475,000 B. $ 440,500 C. $430,000 D S 395 500