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    Exam 5: The Purchase and Sale of Inventory
  5. Question
    Acme Enterprise Sold $150 of Merchandise to a Customer for Cash.The
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Acme Enterprise Sold $150 of Merchandise to a Customer for Cash.The

Question 116

Question 116

Multiple Choice

Acme Enterprise sold $150 of merchandise to a customer for cash.The sales tax was 7%.How much sales revenue did Acme earn?


A) $10.50
B) $160.50
C) $150.00
D) $139.50

Correct Answer:

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