Hi can you help me solve this please Question 1.23 A...

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Accounting

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Question 1.23 A company's gross profit was $65,000 and net sales were $480,000. The cost of merchandise sold is: O $455,000 O S545,000 $415,000 S41,500 Question 1.24 A company's net sales were $980,000, its cost of goods sold was $640,000 and its net income was $3,100. Its gross profit equals: O $343,000 O $336,900 O $340,000 $1,620,000 x Question 1.25 Credit terms 2/10, n/30 mean: O 2% cash discoun t if the amount is paid within 10 days, otherwise balance is due in 30 days 2% cash discount if paid within 30 days O 10% cash discount if amount is paid within 2 days, otherwise balance is due in 30 days 30% cash discount if paid within 2 days

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