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Question 69

Multiple Choice

Use this information to answer the following question. Use this information to answer the following question. In addition, beginning merchandise inventory was $22,000 and ending merchandise inventory was $14,000. Net income for the period was A) $173,000. B) $93,000. C) $63,000. D) $203,000. In addition, beginning merchandise inventory was $22,000 and ending merchandise inventory was $14,000.
Net income for the period was


A) $173,000.
B) $93,000.
C) $63,000.
D) $203,000.

Correct Answer:

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