Homework Help is Here – Start Your Trial Now!
Business
Accounting
Given the cost of goods sold is $22,400, and the gross profit is 30%, then sales would be: A. $29,120 B. $32,000 C. $33,600 D. None of these

Given the cost of goods sold is $22,400, and the gross profit is 30%, then sales would be: A. $29,120 B. $32,000 C. $33,600 D. None of these

Intermediate Accounting: Reporting And Analysis
Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter5: The Income Statement And The Statement Of Cash Flows
Section: Chapter Questions
Problem 2MC: The following information is available for Cooke Company for the current year: The gross margin is...
See similar textbooks
icon
Related questions
Question

Not use ai solution please and accounting question

Given the cost of goods sold is $22,400, and the gross profit is 30%, then sales would be: A. $29,120 B. $32,000 C. $33,600 D. None of these
Transcribed Image Text:Given the cost of goods sold is $22,400, and the gross profit is 30%, then sales would be: A. $29,120 B. $32,000 C. $33,600 D. None of these
Expert Solution
steps

Step by step

Solved in 2 steps

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer