Examveda
Examveda

If gross margin is $9000 and cost of goods sold is $8000 then revenue will be

A. $1,000

B. -$1000

C. $17,000

D. -$17000

Answer: Option C

Solution(By Examveda Team)

Revenue = Gross margin + Cost of goods sold
= $9000 + $8000 = $17,000.

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