Question: 36 Financial information is presented below: Operating Expenses $ 90,000 Sales Returns and Allowances of Sales Discounts estion Sales Revenue Cost of Goods Sold 25,000

36 Financial information is presented below: Operating Expenses $ 90,000 Sales

36 Financial information is presented below: Operating Expenses $ 90,000 Sales Returns and Allowances of Sales Discounts estion Sales Revenue Cost of Goods Sold 25,000 15,000 400,000 212,400 The gross profit rate would be. Select one: a. 0.410. O b. 0.469. c. 0.531 d. 0.590

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