A Company Sold Merchandise for Cash

question 36

Multiple Choice

A company sold merchandise for cash.What is the effect of this sale?

• A)increase in revenue,increase in COGS,decrease in inventory
• B)increase in revenue,decrease in COGS,increase in inventory
• C)increase in revenue,increase in COGS,increase in inventory
• D)increase in revenue,decrease in COGS,decrease in inventory

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Definitions:

Trend Extrapolation

The analytical process of projecting the future direction of a trend based on historical data and patterns.

Past Data

Refers to historical information or records that have been collected and archived, which can be used for analyzing trends, making predictions, or understanding historical contexts.

Future

A period of time that has not yet happened but will come after the present.

Marketing Researchers

Professionals specialized in gathering, analyzing, and interpreting data about markets, consumers, and trends to inform business decisions.