Multiple Choice
A company has net sales and cost of goods sold of $752,000 and $543,000, respectively. Its net income is $17,530. The company's gross margin and total other expenses are ________ and ___________, respectively.
A) $209,000; $191,470
B) $191,470; $209,000
C) $525,470; $227,000
D) $227,000; $525,470
E) $734,000; $191,470
Correct Answer:
Verified
Correct Answer:
Verified
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