Cushman Company Had $800,000 in Net Sales, $350,000 in Gross

Multiple Choice

Cushman Company had $800,000 in net sales, $350,000 in gross profit, and $200,000 in operating expenses. Cost of goods sold equals:

A) $150,000.
B) $450,000.
C) $200,000.
D) $350,000.
E) $800,000.