Please give me answer general accounting question Albert Canning PLC had a net loss of $47,131 on sales of$199,652. In dollars, sales were $317,073. What was the net lossin dollars?a. $69,124.78b. $74,850.08c. $71,341.24d. $31,750.67

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FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Albert Canning PLC had a net loss of $47,131 on sales of $199,652. In dollars, sales were $317,073. What was the net loss in dollars? a. $69,124.78 b. $74,850.08 c. $71,341.24 d. $31,750.67