QUESTION 14 Random Rotailers, Inc.'s income statoment for the year ended December 31, 2015, included the folowing accounts: Sales.. Cost of goods sold. Selling expenses (total. General and...

Extracted text: QUESTION 14 Random Rotailers, Inc.'s income statoment for the year ended December 31, 2015, included the folowing accounts: Sales.. Cost of goods sold. Selling expenses (total. General and administrative expenses. $100,000,000 $36,000,000 $10,000,000 $25,000,000 Income tax expense... $5,500,000 What was the gross profit ratio for the year-ended December 31, 20X5? Oa 25.0% Ob.36.0% O. 64.0% Od. 40.0% QUESTION 15 XYZ Co. extemal auditor rendered an opinion on the financial statements which stated that, in the opinion of the auditor, the financial statements and related disclosures fairly presented financial information in all material renpects fairly in terms of U.S. GAAP except for the fact that an asset that should have been reported at original historical cost wos reported at its higher tair market value as of the date of the preparation of the statement of financial position. This is an example of a (an) On Qualifed opinion. Ob Disclaimer opinion. Adverse opinion. Unqualified (unmodified) opinion.