A company has sales of 2,500 units. There are 1200 units of opening stock while the closing stock is planned to be 2,000 units. What production is needed to satisfy sales? a. 700 units b. 3300 units c. 1700 units d. 800 units

A company has sales of 2,500 units. There are 1200 units of opening stock while the closing stock is planned to be 2,000 units. What production is needed to satisfy sales? a. 700 units b. 3300 units c. 1700 units d. 800 units

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

A company has sales of 2,500 units. There are 1200 units of opening stock while the closing stock is planned to be 2,000 units. What production is needed to satisfy sales?

700 units

3300 units

1700 units

800 units

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