Beginning finished goods, 1/1/2015 $ 92,000 Ending finished goods, 12/31/2015 75,000 Cost of goods sold 300,000 Sales
Fantastic news! We've Found the answer you've been seeking!
Question:
Beginning finished goods, 1/1/2015 $ 92,000
Ending finished goods, 12/31/2015 75,000
Cost of goods sold 300,000
Sales revenue 450,000
Operating expenses 95,000
What is the gross margin for 2015?
Related Book For
Fundamentals of Physics
ISBN: 978-0471758013
8th Extended edition
Authors: Jearl Walker, Halliday Resnick
Posted Date: