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    Managerial accounting Study Set 9
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    Exam 2: Cost Terms, Concepts, and Classifications
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    What Was the Net Income (In Thousands of Dollars)for the Year
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What Was the Net Income (In Thousands of Dollars)for the Year

Question 14

Question 14

Multiple Choice

What was the net income (in thousands of dollars) for the year?


A) $410.
B) $110.
C) $40.
D) $180.= 910 - (130 + 520 - 150) - 160 - 140 = $110

Correct Answer:

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