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Calculate (A)net Sales, (B)gross Profit, (C)total Operating Expenses, and (D)net

Question 82

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Calculate (A)net sales, (B)gross profit, (C)total operating expenses, and (D)net income.
Sales returns $850, rent expense $1,355, sales discounts $1,200, depreciation expense $510, cost of merchandise sold $6,500, gross sales $19,500, advertising expense $400, salary expense $2,100, heat expense $750.

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A. 19,500 - 850 - 1,200 = 17,4...

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