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Financial Information Is Presented Below Gross Profit Would Be
A) $30,000

Question 151

Multiple Choice

Financial information is presented below:  Operating Expenses $60,000 Sales Revenue 225,000 Cost of Goods Sold 135,000\begin{array} { l r } \text { Operating Expenses } & \$ 60,000 \\\text { Sales Revenue } & 225,000 \\\text { Cost of Goods Sold } & 135,000\end{array} Gross profit would be


A) $30,000.
B) $90,000.
C) $165,000.
D) $225,000.

Correct Answer:

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