A company has sales revenue of $132,000, cost of goods sold of $77,000, operating expenses of $32,000, and other expenses of $1,000. The company's gross profit is:
A) $22,000.
B) $55,000.
C) $54,000.
D) $23,000.
B) $55,000.
sales revenue - cogs = gross profit. $132,000 - $77,000 = $55,000
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