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Alenkinab [10]
2 years ago
13

Financial information is presented below: Operating Expenses $ 89400 Sales Returns and Allowances 26300 Sales Discounts 12700 Sa

les Revenue 309000 Cost of Goods Sold 157800 Gross profit would be
Business
1 answer:
xxMikexx [17]2 years ago
3 0

If the Cost of Goods Sold is  157800. Gross profit would be $151,200.

<h3>Gross profit</h3>

Using this formula

Gross profit=Sales revenue-Cost of goods sold

Where:

Sales revenue=$309,00

Cost of goods sold=$157,800

Let plug in the formula

Gross profit=$309,000-$157,800

Gross profit=$151,200

Therefore the Gross profit would be $151,200.

Learn more about gross profit here:brainly.com/question/942181

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