A company has net sales of $752,000 and cost of goods sold of $543,000. Its net income is $17,530. The company's gross margin and operating expenses, respectively, are:

A. $209,000 and $191,470
B. $227,000 and $525,470
C. $525,470 and $227,000
D. $191,470 and $209,000
E. $734,000 and $191,470


Answer: A

Business

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