Question
In 2020, the income of STS ehf. $ 95,000. The company's expenses were as follows: cost of goods sold $ 47,000, operating expenses $ 16,000
In 2020, the income of STS ehf. $ 95,000. The company's expenses were as follows: cost of goods sold $ 47,000, operating expenses $ 16,000 and loss on equipment sales $ 5,000. Net income was:
O a. $48.000 O b. $95.000 c. $27.000 d. $32.000 O O
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Transport Operations
Authors: Allen Stuart
2nd Edition
978-0470115398, 0470115394
