题目内容 (请给出正确答案)
[单选题]

If cost of goods sold is $350,000 and the gross profit rate is 30%, what is the gross

A.$150,000.

B.$500,000.

C.$250,000.

D.$100,000.

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更多“If cost of goods sold is $350,…”相关的问题

第1题

In a perpetual inventory system, recording a sale on account involves crediting which

A.Only sales.

B.Sales and inventory.

C.Sales and cost of goods sol

D.Sales, inventory, and cost of goods sol

E.

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第2题

All of the following accounts normally have debit balances except: ().

A.Transportation-in.

B.Cost of Goods Sol

C.Sales Returns & Allowances.

D.Purchase Returns & Allowances.

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第3题

In a periodic inventory system, recording a sale on account involves debiting which of

A.Only accounts receivabl

B.Accounts receivable and inventory.

C.Accounts receivable and cost of goods sol

D.Accounts receivable, cost of goods sold, and inventory.

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第4题

Gross profit is the difference between:

A.net income and operating income

B.revenues and expenses

C.sales and cost of goods sol

D.income from continuing operations and discontinued operations

E.gross sales and sales discounts

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第5题

Inventory turnover= cost of goods sold / inventory.()
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第6题

Purchase Discounts Lost is shown as a reduction of cost of goods sold in the income st
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第7题

When government imposes a tax on a good, and the quantity exchanged falls

A.the value buyers place on the goods lost is less than the cost sellers would incur if the goods were produced

B.the value buyers place on the goods lost is greater than the cost sellers would incur if the goods were produced

C.the value buyers place on the goods lost is equal to the cost sellers would incur if the goods were produce

D.buyers place no value on the goods lost

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第8题

When prices are increasing, which inventory method will produce the highest cost of go

A.FIFO.

B.LIFO.

C.Averag

D.Cost of goods sold will not chang

E.

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第9题

When goods are completed and transferred from the product line ().

A.Cost of Goods Sold is debited and Finished Goods Inventory is credited

B.Work in Process Inventory is debited and Finished Goods Inventory is credited

C.Finished Goods Inventory is debited and Cost of Goods Sold is credited

D.Work in Process Inventory is credited and Finished Goods Inventory is debited

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第10题

"Cost and Freight" means that the seller delivers when the goods pass the ship's rail
in the port of shipment.( )
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