If cost of goods sold is $8000, gross margin is $5000 then revenue will be
A. $13,000
B. -$13000
C. $3,000
D. -$3000
Answer: Option A
Solution(By Examveda Team)
Revenue = Cost of goods sold + Gross margin= $8000 + $5000 = $13,000.
This Question Belongs to Management >> Management Accounting
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