Question: Hi, i need help understanding this question and where the numbers come from that are used to calculate it. if you are able to it

Hi, i need help understanding this question and where the numbers come from that are used to calculate it. if you are able to it would be helpful if you could explain where you got the numbers from and if any what fromua you used
Hi, i need help understanding this question and where the numbers come

ABC Corp. reported net income of $63,000 for this year and had a tax rate of 30%. Net sales were $300,000 and Operating expenses were $90,000 for the year. Assuming there were no other revenues and expenses, what did ABC report for cost of goods sold for this year? $175,000 $160.000 $147,000 $120,000

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