Question : 126.A company has net sales of $752,000 and cost of : 1258799
126.A company has net sales of $752,000 and cost of goods sold of $543,000. Its net income is $17,530. The company’s gross margin and operating expenses, respectively, are: A.$209,000 and $191,470 B.$191,470 and $209,000 C.$525,470 and $227,000 D.$227,000 and $525,470 E.$734,000 and $191,470 Gross Margin = Net Sales – Cost of Goods Sold; $752,000 – $543,000 = $209,000Operating Expenses […]