E your gross profit per gallon is 175 q 250 is

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E- your gross profit per gallon is $1.75. ;Q $2.50 is recorded in an account titled Gross Profit. [O] St.75 is recorded in an account titied" Gross profit. \-/ \ \
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The Yesterday Store announces that its gross profit rose 57o and its net income fell. Which of the following statements is true? >A This is not possible given that net income is deterrnined by gross profit. ( B) This must mean that other expenses have risen more than 5yo. ! fnis must mean that other expenses fell. ' D) This must mean that sales revenue fell. 61. A company has net sales of $612,850 and cost of goods sold of $441,252. The company's gross profit percentage is: A) 72%. B) 3.s7%. c) 0.389%. 6)sx. \) Uta,ttsu t q *l ,74 , "t$*rfr' l"tt-r 1t el e8&)
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