Calculate COGS from the following? Opening stock - OMR 12,000 Closing stock - OMR 8,000 Purchases - OMR 20,000 Sales - OMR 45,000 Salaries and Wages - 3000 a. OMR 24000
Calculate COGS from the following? Opening stock - OMR 12,000 Closing stock - OMR 8,000 Purchases - OMR 20,000 Sales - OMR 45,000 Salaries and Wages - 3000 a. OMR 24000
Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter10: Stockholder's Equity
Section: Chapter Questions
Problem 79E: Ratio Analysis MJO Inc. has the following stockholders equity section of the balance sheet: On the...
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![Calculate COGS from the following?
Opening stock - OMR 12,000
Closing stock - OMR 8,000
Purchases - OMR 20,000
Sales - OMR 45,000
Salaries and Wages - 3000
a.
OMR 24000
b.
OMR 27,000
C.
OMR 21,000
d.
OMR 25,000](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fbd26f268-74dd-401b-bf60-6f71152c337e%2F7f691ab5-2dc5-4650-ab69-d4ed9730f6cc%2F7a56fv7o_processed.png&w=3840&q=75)
Transcribed Image Text:Calculate COGS from the following?
Opening stock - OMR 12,000
Closing stock - OMR 8,000
Purchases - OMR 20,000
Sales - OMR 45,000
Salaries and Wages - 3000
a.
OMR 24000
b.
OMR 27,000
C.
OMR 21,000
d.
OMR 25,000
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