Multiple Choice
The following information was taken from the 20B income statement of Milburn Company: Pretax profit, $12,000; Total operating expenses, $20,000; Sales revenue, $120,000. Compute the cost of goods sold.
A) $108,000
B) $88,000
C) $100,000
D) $112,000
Correct Answer:
Verified
Correct Answer:
Verified
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