Use the information below to answer the following question(s).
The following information pertains to Payton's Shoe Manufacturing:

99,500 pairs of shoes are sold during the year for $18.
-What is the amount of Payton's gross profit?
A) $995,000
B) $1,000,000
C) $1,791,000
D) $796,000
E) $896,000

Question

Use the information below to answer the following question(s).
The following information pertains to Payton's Shoe Manufacturing:
  
99,500 pairs of shoes are sold during the year for $18.
-What is the amount of Payton's gross profit?
A) $995,000 
B) $1,000,000 
C) $1,791,000 
D) $796,000 
E) $896,000

Quizplus · Accepted Answer

99,500 × ($18 - $10) = $796,000

Use the Information Below to Answer the Following Question(s)