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What the total operating expenses is

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Reference no: EM132621430

The following selected accounts were taken from the books of Santos Trading on December 31, 2016: Santos, Capital-P150,000; Loss from Operations-P1,500; Net Sales-P120,000; total Goods Available for Sale-P103,505; Gross Profit-P60,750; Merchandise inventory , Jan 1, 2016-P27,520.

Problem 1: The total operating expenses is

Select one:

a. P 59,750

b. P61,200

c. P62,250

d. P 57,750

Reference no: EM132621430

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