Tuity fruity beverage company's operating activities for the year are listed below. purchases $140,100operating expenses 80,400beginning inventory 13,000ending inventory 19,000sales revenue 300,400what is the gross profit for the year? a) $160,300b) $300,400c) $80,400d) $166,300

D) $166,300

Explanation:

The computation of gross profit is shown below:

= Sales - cost of good sold

where,

Sales is $300,400

And, the cost of goods sod equals to

= Opening inventory + purchase - ending inventory

= $13,000 + $140,100 - $19,000

= $134,100

Now put these values to the above formula

So, the answer would be equal to

= $300,400 - $134,100

= $166,300

answer; ///(d); determining who competes most closely   with whom evaluating whether industry driving forces and competitive pressure favor some strategic groups and hurt others, and ascertaining whether the profit potential of different strategic groups varies due to the strengths and weaknesses in each groups respective market positions;

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