Examlex

Solved

Net Sales of Clean Spectacles Is $90,000, Cost of Goods

question 42

Multiple Choice

Net sales of Clean Spectacles is $90,000, cost of goods sold is $54,000, selling expenses are $17,000, and general expenses are $12,500. Which of the following is its gross profit?


Definitions:

Escape Learning

A form of learning where the subject acquires a response to avoid an unpleasant or aversive stimulus.

Aversive Stimulation

A process involving the use of unpleasant stimuli to reduce or eliminate undesirable behaviors.

Response

A response to a certain trigger or scenario that may manifest physically, emotionally, or in actions.

Organism

A living entity that can function independently, such as an animal, plant, or microorganism.

Related Questions