What Is the Output of the Code Snippet Given Below

question 70

Multiple Choice

What is the output of the code snippet given below?

• A)no output
• B)13
• C)24
• D)2345

Compute total variable, fixed, and mixed costs at different levels of activity.

Apply cost-volume-profit analysis for decision-making.

Analyze cost data from comparative income statements to identify trends and cost behavior.

Calculate cost of goods sold and understand its role in financial reporting and inventory management.

---

Definitions:

Sales On Account

Transactions where goods or services are sold and payment is deferred to a future date, effectively allowing the buyer to purchase on credit.

Cost Of Goods Sold

The total cost directly associated with producing goods sold by a business, including materials, labor, and manufacturing overhead.

Working Capital

The amount of operational liquidity available to a business, calculated as current assets minus current liabilities.

Balance Sheet

An account statement that lists a company's assets, liabilities, and the equity belonging to shareholders at a given time.