Use the information below to answer the following question(s).
Towpath Tennis & Recreation's operating activities for the year are listed below:

-What is the gross profit for the year at Towpath Tennis & Recreation?
A) $157,000
B) $152,000
C) $95,000
D) $240,000

Question

Use the information below to answer the following question(s).
Towpath Tennis & Recreation's operating activities for the year are listed below:
 
-What is the gross profit for the year at Towpath Tennis & Recreation?
A) $157,000 
B) $152,000 
C) $95,000 
D) $240,000

Quizplus · Accepted Answer

A) $27,000 + 150,000 = 177,000 -32,000 = $145,000.
Then $302,000 - 145,000= $157,000

Use the Information Below to Answer the Following Question(s)