Margin and operating expenses

Assignment Help Financial Accounting

Reference no: EM13915784

A company has net sales of $861,000 and cost of goods sold of $571,000. Its net income is $102,900. The company's gross margin and operating expenses, respectively, are:

$290,000 and $384,700

$290,000 and $187,100

$290,000 and $102,900

$187,100 and $102,900

$673,900 and $187,10

Reference no: EM13915784

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