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  • 2022-06-07
    Which of the following changed year over year?
    A: sales volume
    B: sales cost
    C: variable sales
    D: cost of goods sold
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    • A business usually has a mark-up of 20% on cost of sales. During a year, its sales were $90000. What was cost of sales?
    • Theof sales revenue over cost of goods sold is called or gross profit. Gross indicates that thehave not been .
    • The gross profit percentage is calculated as: A: cost of goods sold divided by net sales revenue. B: net sales revenue minus gross profit on sales. C: net sales revenue minus cost of goods sold. D: gross profit divided by net sales revenue.
    • A business usually has a mark-up of 25% on cost of sales. During a year, its sales were $80,000. What was cost of sales? A: $64,000 B: $60,000 C: $20,000 D: $18,000
    • The difference between Cost of Goods Sold and Cost of Goods Available for Sale is: A: Beginning Inventory B: Ending Inventory C: Net Sales D: Net Purchases

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