Caribou Corporation shows the following balances:

Caribou paid suppliers $100,000 during the year.What is Caribou's cost of goods sold for the year?
A)$97,500
B)$107,500
C)$102,500
D)$92,500

Question

Caribou Corporation shows the following balances:

Caribou paid suppliers $100,000 during the year.What is Caribou's cost of goods sold for the year?
A)$97,500 
B)$107,500 
C)$102,500 
D)$92,500

Quizplus · Accepted Answer

The Answer of Caribou Corporation shows the following balances:

Caribou paid suppliers $100,000 during the year.What is Caribou's cost of goods sold for the year?
A)$97,500 
B)$107,500 
C)$102,500 
D)$92,500

Caribou Corporation Shows the Following Balances