If Finished Goods Turnover is 5 , average Trade Receivables is 100.000, average Finished Goods is 80.000 a) Cost of the goods sold 500.000 ₺ b) Net Sales is 500.000₺ c) Cost of the goods sold 400.000₺ d) Net Sales 400.000₺

If Finished Goods Turnover is 5 , average Trade Receivables is 100.000, average Finished Goods is 80.000 a) Cost of the goods sold 500.000 ₺ b) Net Sales is 500.000₺ c) Cost of the goods sold 400.000₺ d) Net Sales 400.000₺

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...

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If Finished Goods Turnover is 5 , average Trade Receivables is 100.000, average Finished Goods is 80.000

a) Cost of the goods sold 500.000 ₺
b) Net Sales is 500.000₺
c) Cost of the goods sold 400.000₺
d) Net Sales 400.000₺

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