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  3. Study Set
    Fundamental Accounting Principles Study Set 5
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    Exam 5: Accounting for Merchandising Operations
  5. Question
    Brig Company Had $800,000 in Net Sales, $350,000 in Gross
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Brig Company Had $800,000 in Net Sales, $350,000 in Gross

Question 61

Question 61

Multiple Choice

Brig Company had $800,000 in net sales, $350,000 in gross profit, and $200,000 in operating expenses. Cost of goods sold equals:


A) $150,000.
B) $450,000.
C) $800,000.
D) $350,000.
E) $200,000.

Correct Answer:

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