Solved

What Type of Business Would Calculate Cost of Sales in the Income

Question 4

Multiple Choice

What type of business would calculate cost of sales in the income statement as stock of finished goods at start + purchases - stock of finished goods at end?


A) A service business
B) A manufacturer
C) A retailer
D) Partnership

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents