Tuity Fruity Beverage Company's Operating Activities for the Year Are

question 2

Multiple Choice

Tuity Fruity Beverage Company's operating activities for the year are listed below.

What is the cost of goods available for sale?

• A)$140,000
• B)$152,000
• C)$80,000
• D)$134,000

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Definitions:

Net Operating Income

The total profit of a business after operating expenses but before deducting taxes and interest.

Sales Forecast

An estimate of the amount of products or services a company expects to sell during a specific period, based on historical data, market analysis, and other factors.

Unit Sales

The quantity of items or products sold, not taking into account the revenue generated from these sales.

Price Hike

An increase in the listed price of goods or services, often due to increased costs or higher demand.