T. J. Brown made sales of ($9,400) and ended June with inventories totaling ($500). Cost of goods

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T. J. Brown made sales of $$9,400$ and ended June with inventories totaling $$500$. Cost of goods sold was $$5,400$. Total operating expenses were $$3,000$. How much net income did Brown earn for the month?

a. $$6,400$

b. $$500$

c. $$1,000$

d. $$4,000$

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Financial And Managerial Accounting

ISBN: 9780135080191

2nd Edition

Authors: Charles T Horngren, Jr Walter T Harrison

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Question Posted: May 13, 2024 09:00 AM

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T. J. Brown made sales of ($9,400) and ended June with inventories totaling ($500). Cost of goods

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Financial And Managerial Accounting

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