In April, Walston Enterprises Had the Following Results How Much Is Cost of Goods Sold for April?
A)

question 26

Multiple Choice

In April, Walston Enterprises had the following results: $$\begin{array} { l r } \text { Beginning finished goods inventory } & \$ 17,400 \\\text { Ending finished goods inventory } & \$ 25,400 \\\text { Sales } & \$ 965,000 \\\text { Gross Margin } & \$ 450,000\end{array}$$ How much is cost of goods sold for April?

• A) $458,000
• B) $515,000
• C) $507,000
• D) $423,000

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Definitions:

Bees

Flying insects known for their role in pollination and for producing honey and beeswax.

Honey

A sweet, viscous substance produced by bees from the nectar of flowers, commonly used as a natural sweetener.

Dependent Premises

Arguments where the premises are linked so that they support the conclusion only when considered together.

Billiards Set

A collection of equipment required to play billiards, including balls, cues, and the table.