Gluth Corporation Has Provided the Following Data for the Month

question 10

Multiple Choice

Gluth Corporation has provided the following data for the month of July. The beginning balance in the finished goods inventory account was $56,000 and the ending balance was $49,000. Sales totaled $290,000. Cost of goods manufactured was $147,000, selling expense was $17,000, and administrative expense was $68,000.
-The net operating income for July was:

• A) $58,000
• B) $143,000
• C) $150,000
• D) $51,000

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Definitions:

Epigenetic Mark

Chemical modifications to the DNA or histone proteins that affect gene activity without altering the DNA sequence, influencing how cells read genes.

Genome

The full collection of genes or genetic material contained within a cell or an organism.

Epigenetics

Investigation into the ways organisms are affected by modifications in how genes are expressed, instead of alterations to the genetic code.

Gene-environment Interactions

The complex interplay between genetic factors and environmental influences that affects the expression of genes and can impact an individual's traits and behaviors.