Cole Company has sales revenue of $39,000, cost of goods sold of $24,000 and operating expenses of $9,000 for the year ended December 31. Cole's gross profit is a. $30,000. b. $15,000. c. $6,000.

Cole Company has sales revenue of $39,000, cost of goods sold of $24,000 and operating  expenses of $9,000 for the year ended December 31. Cole's gross profit is
a. $30,000.
b. $15,000.
c. $6,000.
by

1 Answer

Answer :

b. $15,000.
by

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