Question: Close Winde Moving to another question will save this response, Question 21 of 25 Question 21 1 points Save Maria owns a liquor store in

 Close Winde Moving to another question will save this response, Question

Close Winde Moving to another question will save this response, Question 21 of 25 Question 21 1 points Save Maria owns a liquor store in Queens, New York. During this COVID-19 pandemic, her sales were quite steady. Last week she purchased $10,000 worth of fine wine and sold all of it for $25,000. So in accounting terms the amount of $10,000 is referred to as which of the following? a. Cost of Goods Sold b. Depreciation Expenses None of the available choices are correct C Gross Profit d. Operating Expenses e. Moving to another question will save this response. Question 21 of 25 Close Window

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