Financial Information Is Presented Below $\begin{array}{lr}\text { Operating Expenses } &€ 45,000 \\\text { Net Sales } & 150,000 \\\text { Cost of Goods Sold } & 77,000\end{array}$

Multiple Choice

Financial information is presented below.
$\begin{array}{lr}\text { Operating Expenses } &€ 45,000 \\\text { Net Sales } & 150,000 \\\text { Cost of Goods Sold } & 77,000\end{array}$

The gross profit rate would be

A) .700 .
B) .187 .
C) .300 .
D) .487