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

Home / Management / Management Accounting / Question

Examveda

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

Revenue = Cost of goods sold + Gross margin
= $8000 + $5000 = $13,000.

This Question Belongs to Management >> Management Accounting

Related Questions on Management Accounting

A. resourcing

B. value acquiring

C. production

D. value acquaintance

View Answer

A. learning

B. alternating

C. examining

D. deciding

View Answer

A. management factor

B. time factor

C. customer factor

D. chain factor

View Answer

A. past orientation

B. help banks make decisions

C. help managers make decisions

D. help investors make decision

View Answer