During 2018, Concord Enterprises generated revenues of $97000. The company's expenses were as follows: cost of goods

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During 2018, Concord Enterprises generated revenues of $97000. The company\\\'s expenses were as follows: cost of goods sold of $43000, operating expenses of $15000, and a loss on the sale of equipment of $2900. Concords income from operations is

a. $97000

b. $43000

c. $15000

d. $39000

Related Book For answer-question

Fundamental Managerial Accounting Concepts

ISBN: 978-1259569197

8th edition

Authors: Thomas Edmonds, Christopher Edmonds, Bor-Yi Tsay, Philip Olds

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Posted Date: Oct 18, 2020 03:17 AM

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During 2018, Concord Enterprises generated revenues of $97000. The company's expenses were as follows: cost of goods

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Fundamental Managerial Accounting Concepts

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