ExamVeda
Login
Home

If cost of goods sold is 8000 gross margin is 5000...

This question belongs to Management Management Accounting
Management Accounting
?

If cost of goods sold is $8000, gross margin is $5000 then revenue will be

Answer & Solution
Correct Answer: Option A
Revenue = Cost of goods sold + Gross margin
= $8000 + $5000 = $13,000.
Examveda
Question posted by Examveda
Community

Join the Discussion

No comments yet Be the first to discuss this question.
Keep Learning

Related Questions on Management Accounting

In value chain analysis, coordination, acquiring and assembling of resources to produce a product is classified as
A. resourcing B. value acquiring C. production D. value acquaintance
Examining of past performance, exploring alternative and planning future is
A. learning B. alternating C. examining D. deciding
Time that a company takes to create and produce a new product is classified as
A. management factor B. time factor C. customer factor D. chain factor
Purpose of management accounting is to
A. past orientation B. help banks make decisions C. help managers make decisions D. help investors make decision
More Related Questions on Management Accounting