During 2010, Yoder Enterprises Generated Revenues of $60,000

question 116

Multiple Choice

During 2010, Yoder Enterprises generated revenues of $60,000. The company's expenses were as follows: cost of goods sold of $30,000, operating expenses of $12,000 and a loss on the sale of equipment of $2,000.
Yoder's gross profit is

• A) $60,000.
• B) $30,000.
• C) $18,000.
• D) $16,000.

---

Definitions:

Grammar

The set of structural rules governing the composition of clauses, phrases, and words in any given natural language.

Adrenal Glands

Small, triangular-shaped glands located on top of the kidneys that produce hormones such as adrenaline and cortisol, which help control heart rate, blood pressure, and other critical functions.

Mood Swings

Rapid and often extreme fluctuations in one's emotional state or mood.

Stress

A physical, mental, or emotional factor causing bodily or mental tension, which can arise from any event or thought that makes one feel frustrated, angry, or nervous.