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Author Question: What is operating income for 2018? Beginning finished good, 1/1/2018$50,000Ending finished goods, ... (Read 505 times)

appyboo

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Question 1

What is gross margin for 2018? 

Beginning finished good, 1/1/2018$53,000
Ending finished goods, 12/31/201837,000
Cost of goods sold256,000
Sales revenue484,000
Operating expenses106,000

◦ $212,000
◦ $228,000
◦ $244,000
◦ $122,000

Question 2

What is operating income for 2018? 

Beginning finished good, 1/1/2018$50,000
Ending finished goods, 12/31/201835,000
Cost of goods sold251,000
Sales revenue485,000
Operating expenses109,000

◦ $199,000
◦ $110,000
◦ $125,000
◦ $140,000


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Marked as best answer by appyboo on Mar 6, 2021

meltdown117

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appyboo

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Reply 2 on: Mar 6, 2021
Excellent


phuda

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Reply 3 on: Yesterday
Wow, this really help

 

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