Cushman Company Had $800,000 in Net Sales, $350,000 in Gross

question 194

Multiple Choice

Cushman Company had $800,000 in net sales, $350,000 in gross profit, and $200,000 in operating expenses. Cost of goods sold equals:

• A) $150,000.
• B) $450,000.
• C) $200,000.
• D) $350,000.
• E) $800,000.

---

Definitions:

Immoral Act

An action that is considered to be wrong or unethical according to societal standards or moral principles.

Authority

The power or right to give orders, make decisions, and enforce obedience, often derived from a position of trust or leadership.

Glen Ridge

A small suburban township located in Essex County, New Jersey, United States.

Community Value

The shared beliefs, norms, and standards of a group that guide and influence the behavior and interactions within the community.