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rolpace88 rolpace88
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8 years ago
For the month ending June 30, TriCounty Nursery has net sales of $251,000, cost of goods sold of $99,000, and operating expenses of $70,000. Find the gross profit and net income.
A) gross profit: $152,000; net income: $29,000
B) gross profit: $152,000; net income: $82,000
C) gross profit: $82,000; net income: $152,000
D) gross profit: $72,100; net income: $29,000
Textbook 
Business Math

Business Math


Edition: 10th
Authors:
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MillionMillion
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8 years ago
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rolpace88 Author
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#2
8 years ago
Got my quiz back, you were right Slight Smile
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#3
8 years ago
You're welcome
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#4
8 years ago
For the month ending June 30, TriCounty Nursery has net sales of $251,000, cost of goods sold of $99,000, and operating expenses of $70,000. Find the gross profit and net income.
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