A company had sales of $350,000 and cost of goods sold of $200,000. Its gross profit equals $150,000.
Answer the following statement true (T) or false (F)
True
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For the Aston researchers, which was the critical contingency in organization structure and design?
a. Technology b. Environment c. Size d. Length
Convenience, deposit rates and insurance, and fees are primary considerations in choosing a financial institution for your needs
Indicate whether the statement is true or false.
Archer Corp. has the following LIFO perpetual inventory records:
The current replacement cost of the ending inventory is $3,800. To apply the lower-of-cost-or-market rule, the journal entry would be:
A) Debit Cost of Goods Sold $2,050, credit Inventory $2,050,
B) Debit Inventory $2,050, credit Cost of Goods Sold $2,050,
C) Debit Cost of Goods Sold $1,200, credit Inventory $1,200
D) Debit inventory $1,200, credit Cost of Goods Sold $1,200
The smoothing constant used in simple exponential smoothing is analogous to the span in moving averages
a. True b. False Indicate whether the statement is true or false