Question
Computer Company has the following information on its accounting records: gross profits $175,000; interest expense $25,000; selling, general and administration expenses $70,000; tax expense $12,000;
Computer Company has the following information on its accounting records: gross profits $175,000; interest expense $25,000; selling, general and administration expenses $70,000; tax expense $12,000; and Sales $325,000. What is cost of goods sold?
| $150,000 | ||
| $80,000 | ||
| $45,000 | ||
| $33,000 | ||
| $105,000 |
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Financial Accounting A Global Approach
Authors: Sidney J. Gray, Belverd E. Needles
1st Edition
9780395839867
