In 2010, JRE2 Would Report (Rounded to the Nearest Thousand)

question 126

Multiple Choice

In 2010, JRE2 would report (rounded to the nearest thousand) gross profit (loss) of:

• A)$(100,000).
• B)$ 50,000.
• C)$ 123,000.
• D)$ 2,000.2010: $2,200,000 ($250,000 + 1,600,000 + 450,000) = $(100,000) $(100,000) (150,000) = $50,000

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