During August 2022, Baxter's Supply Store Generated Revenues of $60,000

question 6

Multiple Choice

During August 2022, Baxter's Supply Store generated revenues of $60,000.The company's expenses were as follows: cost of goods sold of $36,000 and operating expenses of $4,000.The company also had rent revenue of $1,000 and a gain on the sale of a delivery truck of $2,000. Baxter's non-operating income (loss) for the month of August 2022 is

• A)$0.
• B)$1,000.
• C)$2,000.
• D)$3,000.

---

Definitions:

Teamwork

Collaborative effort of a group to achieve a common goal or complete a task in the most effective and efficient way.

Millennials

A generational cohort following Generation X, typically identified as people born from the early 1980s to the late 1990s, known for being tech-savvy and value-driven.

Teamwork

The collaborative effort of a group to achieve a common goal or to complete a task in the most effective and efficient way.

Achievement

Successfully reaching a desired goal or objective, often through effort, skill, or courage.