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23. Hoff Inc. has reported the following information about its Income statement for 2019. What is the amount of net sales reported in 2019?* Gross
23. Hoff Inc. has reported the following information about its Income statement for 2019. What is the amount of net sales reported in 2019?* Gross profit $2,800,000 Operating profit $850,000 COGS $1,750,000 A) $3,650,000 OB) $1,050,000 c) $4,550,000 OD) None of the above 24. Atlas company had the balance sheets and income statement accounts for year-end 2018 and 2019 given in the below Figure. According to the 'growth rate, the relationship between net sales, A/R & AFDA is considered:* 2019 2018 Net Sales % Growth 50.68 $550 $365 Accounts Receivables, net Allowance for Doubtful Accounts $200 $134 49.25 $8 $7 14.29 O A) Normal relationship B) Abnormal relationship C) Pontive relationship O D) A&C
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