Answer the following questions using the information below:
$\begin{array}{lr}
\text { Beginning finished goods, } 1 / 1 / 2018 & \$ 80000 \
\text { Ending firished goods, } 12 / 31 / 2018 & 67000 \
\text { Cost of goods sold } & 270000 \
\text { Sales revenue } & 500000 \
\text { Operating expenses } & 145000
\end{array}$
-What is gross margin for 2018?
A)$257 000
B)$283 000
C)$230 000
D)$355 000

Question

Answer the following questions using the information below:
 $\begin{array}{lr}
\text { Beginning finished goods, } 1 / 1 / 2018 & \$ 80000 \
\text { Ending firished goods, } 12 / 31 / 2018 & 67000 \
\text { Cost of goods sold } & 270000 \
\text { Sales revenue } & 500000 \
\text { Operating expenses } & 145000
\end{array}$
-What is gross margin for 2018?
A)$257 000
B)$283 000
C)$230 000
D)$355 000

Quizplus · Accepted Answer

The Answer of Answer the following questions using the information below:
 $\begin{array}{lr}
\text { Beginning finished goods, } 1 / 1 / 2018 & \$ 80000 \
\text { Ending firished goods, } 12 / 31 / 2018 & 67000 \
\text { Cost of goods sold } & 270000 \
\text { Sales revenue } & 500000 \
\text { Operating expenses } & 145000
\end{array}$
-What is gross margin for 2018?
A)$257 000
B)$283 000
C)$230 000
D)$355 000

Answer the Following Questions Using the Information Below -What Is Gross Margin for 2018? A)$257 000 B)$283 000

Answer the Following Questions Using the Information Below -What Is Gross Margin for 2018?
A)$257 000
B)$283 000