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) $88,000
B) $100,000
C) $108,000
D) $112,000
Correct Answer:
Verified
Correct Answer:
Verified
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