题目内容

The income statement for Feel Good Health Foods shows gross profit of $151,000, operating expenses of $126,000, and cost of goods sold of $215,000. What is the amount of net sales revenue?

A. $277,000
B. $492,000
C. $366,000
D. $341,000

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The sum of (a) ending inventory and (b) cost of goods sold is

A. beginning inventory.
B. goods available.
C. net purchases.
D. gross profit.

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Eleanor Barker Cosmetics ended the month of May with inventory of $25,000. Eleanor Barker expects to end June with inventory of $12,000 after cost of goods sold of $102,000. How much inventory must Eleanor Barker purchase during June in order to accomplish these results?

A. $89,000
B. $114,000
C. $115,000
D. Cannot be determined from the data given

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Foramerchandisingcompany:

A. thebalancesheetreportsthecostoftheinventorythatwasonhandatthebeginningoftheperiod.
B. theincomestatementreportsthecostoftheinventorysoldduringtheperiod.
C. endinginventorycanbeanassetoranexpense.
D. inventoryisgenerallynotasignificantfactorintheiroperations.

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Asmall________wouldmostlikelyuseaperpetualinventorysystem.

A. automobiledealership
B. fabricstore
C. restaurant
D. flowershop

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The income statement for Feel Good Health Foods shows gross profit of $151,000, operating expenses of $126,000, and cost of goods sold of $215,000. What is the amount of net sales revenue?

A. $277,000 B. $492,000 C. $366,000 D. $341,000

The sum of (a) ending inventory and (b) cost of goods sold is

Eleanor Barker Cosmetics ended the month of May with inventory of $25,000. Eleanor Barker expects to end June with inventory of $12,000 after cost of goods sold of $102,000. How much inventory must Eleanor Barker purchase during June in order to accomplish these results?

Foramerchandisingcompany:

Asmall________wouldmostlikelyuseaperpetualinventorysystem.

A. $277,000
B. $492,000
C. $366,000
D. $341,000