(Answered) 1 assume baja company has the following reported amounts

Accounting

1. Assume Baja Company has the following reported amounts: Sales $510,000, Sales returns and allowances $15,000, Cost of goods sold $350,000, Operating expenses $110,000. Compute the following:

(a) Net sales,
(b) Gross profit,
(c) Income from operations, and
(d) Gross profit rate. (Round to one decimal place)

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