Posted: February 8th, 2017
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.
Solve the problem.
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.
gross profit: $152,000; net income: $82,000
gross profit: $72,100; net income: $29,000
gross profit: $82,000; net income: $152,000
gross profit: $152,000; net income: $29,000
Expert paper writers are just a few clicks away
Place an order in 3 easy steps. Takes less than 5 mins.