Question 11 of 20: Select the best answer for the question. 11. Given gross sales of $50,000, sales returns and allowances of $6,000, beginning inventory of $4,000, net purchases of $8,000, ending inventory of $2,000, and operating expenses of $4,500, calculate net income.
A. $32.500
B. $28,550
C. $29.500
D. $30,570​

$29500

Step-by-step explanation:

Given the information from the question, the net income will be calculated as:

Net sales = Gross profit - sales returns and allowances

= $50000 - $6,000

= $44000

Gross profit = Net sales - Cost of goods sold

= $44000 - $10000

= $34000

Net income = Gross profit - Operating expense

= $34000 - $4500

= $29500

area = length x width

length = 2 x width

32 = 2 x width x width

32 = 2 x width^2

36 = width ^2  

width = 6

length = 12

area is 32

perimeter = 2 x 12 + 2 x 6 = 24 + 12 = 36

step-by-step explanation:

i think the correct option is the second option.