Your company has customer-service representatives who provide you with leads, write up proposals, fulfill orders, and provide post-sales support. Your responsibilities are to concentrate on the larger accounts with more complex and customized needs

Cheerleaders, mascots, and concessions are examples of product extensions.

a. true b. false

A firm reports the following income statement items: sales of $60,550,000; income tax of $1,744,000; operating expenses of $10,115,000; cost of goods sold $34,025,000; and interest expense of $750,000. What is the amount of the firm's gross profit?

A) $23,910,000 B) $26,525,000 C) $15,660,000 D) $16,410,000