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: Caribou Paid Suppliers