In Saint-Simon, Inc

question 142

Multiple Choice

In Saint-Simon, Inc., the Assembly Department started 18,000 units and completed 21,000 units. If beginning work in process was 9,000 units, how many units are in ending work in process?

• A) 0.
• B) 3,000.
• C) 6,000.
• D) 12,000.

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Definitions:

Cost of Goods Sold

The cost of goods sold (COGS) represents the direct costs associated with the production of goods sold by a company, including materials and labor costs.

Earnings Per Share

A company's profit divided by the number of outstanding shares of its common stock, serving as an indicator of the company's profitability.

Book Value

Book value is the net value of a company's assets minus its liabilities, often used to assess if a stock is under or overvalued.

Market-to-Book Ratio

A financial valuation metric comparing a company's current market price to its book value.