Question
The following information was taken from a recent income statement of Holidays Company: Pretax income, $150,000; Total operating expenses, $100,000; Sales revenue, $470,000. Assuming there
The following information was taken from a recent income statement of Holidays Company: Pretax income, $150,000; Total operating expenses, $100,000; Sales revenue, $470,000. Assuming there are no other revenues or expenses, what is cost of goods sold?
| $220,000. | ||
| $240,000. | ||
| $420,000. | ||
| $470,000. |
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Auditing In The Food Industry From Safety And Quality To Environmental And Other Audits
Authors: M Dillon, C Griffith
1st Edition
1855734508, 978-1855734500
