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    Financial Accounting Study Set 3
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    Exam 2: Measuring and Evaluating Financial Position and Financial Performance
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    A Company Buys 100 Televisions for $500 Each
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A Company Buys 100 Televisions for $500 Each

Question 27

Question 27

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) $24 000
B) $30 000
C) $50 000
D) $54 000

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