A Company Has Net Sales of $222,000, Cost of Goods

question 115

Multiple Choice

A company has net sales of $222,000, cost of goods sold $95,000, operating expenses of $44,000, and other expenses of $9,000. The company's net income is:

• A)$51,000.
• B)$74,000.
• C)$83,000.
• D)$118,000.

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Definitions:

Feels

Informal term for feelings or emotions, especially those that are intense or difficult to articulate.

Behaves

To behave means to act or conduct oneself in a specific manner, often in response to one's environment or as dictated by societal norms and expectations.

Ambiguous Genitalia

A condition in which a newborn's external genitalia do not appear to be clearly male or female, making it difficult to assign the infant's sex at birth.

Male/Female

The two primary biological sexes in many species, including humans, characterized by reproductive roles and physiological differences.