be the net income? a. 72000 b. 56000 c. 16000 d. 338000 Clear my choice Question 43 Not yet answered Marked out of 1.00 Flag question Question text What will be the Gross Profit at the end of the year December 2019 a. OMR 56000 b. OMR 16000 c.
be the net income? a. 72000 b. 56000 c. 16000 d. 338000 Clear my choice Question 43 Not yet answered Marked out of 1.00 Flag question Question text What will be the Gross Profit at the end of the year December 2019 a. OMR 56000 b. OMR 16000 c.
Chapter6: Merchandising Transactions
Section: Chapter Questions
Problem 13PB: Following is the adjusted trial balance data for Garage Parts Unlimited as of December 31, 2019. A....
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Topic Video
Question
1-What will be the net income?
a.
72000
b.
56000
c.
16000
d.
338000
Clear my choice
Question 43
Not yet answered
Marked out of 1.00
Flag question
Question text
What will be the Gross Profit at the end of the year December 2019
a.
OMR 56000
b.
OMR 16000
c.
OMR 338,000
d.
OMR 336,000
2-What is the Gross Margin in terms of Percentage?
a.
16.66
b.
16.56
c.
Cannot be determined
d.
20.66
3-What will be the total operating expense?
a.
21500
b.
53200
c.
41200
d.
19700
4-What will be the total Selling and distribution expense?
a.
41200
b.
19700
c.
14800
d.
17200
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