C-10-Q191mediumsingle_mcq
In the activity table — COGS Tk. 7,800 and Operating expenses Tk. 1,300 with profit unknown — this exercise tests the relation:
In the activity table — COGS Tk. 7,800 and Operating expenses Tk. 1,300 with profit unknown — this exercise tests the relation:
- aSales − COGS = Gross profit; Gross profit − Operating expenses = Net income/loss
- bSales + COGS = Gross profit
- cCOGS + Operating expenses = Sales
- dNet income = Sales + Capital