Multiple Choice
A company buys 100 televisions for $500 each.It sells 60 televisions for $900 each.What is the 'cost of goods sold' expense?
A) $50 000
B) $24 000
C) $54 000
D) $30 000
Correct Answer:
Verified
Related Questions
Q29: In which of the following circumstances is
Q30: What is total revenue for the period
Q31: Bruce operates a coffee stall at the
Q32: Given only the following information,calculate net profit.
Q33: If a business pays a 12-month insurance
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents