Quiz 4
February 28, 2021
Write a paper of no more than 700 words
February 28, 2021

midterm exam

1. A company had expenses other than cost of goods sold of $250,000. Determine sales and gross profit given cost of goods sold was $100,000 and net income was $150,000. (Points : 1)       
      
      
      
      

      
      
      
      

 

      
      
      
      

 

      
      
      
      

 

      
      
      
      

 

      
      
      
      

 

      
      
      
      

 

      
      
      
      

 

      
      
      
      

 

      
      
      
      

 

      
      
      
      

 

      
      
      
      

 

      
      
      
      

 

      
      
      
      

 

      
      
      
      

 

      
      
      
      

 

      
      
      
      

 

      
      
      
      

 

      
      
      

 

      
      
      
      

 

      
      
      
      

 

      
      
      
      

 

      
      
      
      

 

      
      
      
      

 

      
      
      

 

      
      
      

 

      
      
      
      

 

      
      
      
      

 

      
      
      

 

      
      
      

 

      
      
      

 

      
      
      
      

 

      
      
      
      

 

      
      
      
      

 

      
      
      

 

      
      
      
      

 

      
      
      
      

 

      
      
      
      

 

      
      
      
      

 

      
      
      
      

 

      
      
      
      

 

      
      
      
      

 

      
      
      
      

 

      
      
      

 

      
      
      
      

 

      
      
      

 

      
      
      
      

 

      
      
      
      

 

      
      
      
      

 

      

      

      

      

 
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