Multiply

question 152

Multiple Choice

Multiply:

• A) 768
• B) -864
• C) 32
• D) -768
• E) -672

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Definitions:

Total Expenses

The sum of all costs and expenses incurred by a business during a specific period of time.

Cost of Goods Sold

The immediate expenses linked to creating products sold by a business, covering both materials and workforce costs.

Net Method

An accounting method where discounts for prompt payment are assumed in the recorded costs; if the discount is not taken, the expense is recorded later.

Cash Discount

A deduction from the invoice price that a seller allows to a buyer in return for paying the bill early.