Question
Xiaobo starts her own business in 2012 with $2,000 owners capital. In 2012, she bought 10 textbooks at $1,000 and sold 5 of them at
Xiaobo starts her own business in 2012 with $2,000 owners capital. In 2012, she bought 10 textbooks at $1,000 and sold 5 of them at $600. There is no other transaction during 2012. What is the gross profit in 2012?
| $600 | ||
| $500 | ||
| $2,000 | ||
| -$400 | ||
| $100 |
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Managing Organizational Risk Using The Supplier Audit Program An Auditors Guide Along The International Audit Trail
Authors: Lance B. Coleman Sr.
1st Edition
0873899687, 978-0873899680
