Solved

Assume Net Sales Are $225,000, Cost of Goods Sold Is

Question 96

Multiple Choice

Assume Net Sales are $225,000, Cost of Goods Sold is $75,000, Selling Expenses are $24,000 and General Expenses are $30,000. Calculate Net Income:

A) $150,000
B) $126,000
C) $246,000
D) $96,000

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