Business
Business, 20.10.2020 01:01, faithbar0911p5p68a

PLEASE HELP! If a company reported total sales of $59,919, cost of goods sold of $21,112, gross income of $38,807, operating expenses of $18,005 and a gross profit ratio of 65%, what was the company's operating income? (Round to the nearest dollar)

a) -$18,005
b) $20,802
c) $25,225
d) $38,807

answer
Answers: 2

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PLEASE HELP! If a company reported total sales of $59,919, cost of goods sold of $21,112, gross in...

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