The Following Information Is Available from Preston Company's 2011 Accounting

question 71

Multiple Choice

The following information is available from Preston Company's 2011 accounting records:

Preston's 2011 cost of goods sold is

• A) $465,000.
• B) $475,000.
• C) $505,000.
• D) $585,000.

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Definitions:

Cytoplasm

The jelly-like substance within a cell, excluding the nucleus, that contains organelles and is the site of most cellular processes.

Food And Drug Administration

A federal agency of the United States responsible for regulating and supervising the safety of foods, dietary supplements, drugs, cosmetics, and medical devices.

Positively Charged Particle

An atom or molecule with more protons than electrons, giving it a net positive charge.

Midline

An imaginary line that divides the body into equal left and right halves.