The Following Is from Goldman Inc

question 26

Multiple Choice

The following is from Goldman Inc.'s 2015 income statement. How much will Goldman report as its cost of goods sold in its 2015 income statement?

• A)$179,900
• B)$182,300
• C)$186,900
• D)$190,700

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Definitions:

Bond Interest

The periodic payment made to bondholders, typically a fixed rate of interest paid on the bond's face value.

Tax Purposes

The consideration or treatment of transactions, events, or financial situations in relation to calculating tax liabilities.

Dividends

Payments made by a corporation to its shareholder members from the company's earnings.

Earnings

Income generated from a company's business activities over a certain period, often reported as net income.