Use the information below to answer the following question(s).
Active Apparel Company reports the following data for its first year of operation.

-What is the cost of goods sold at Active Apparel Company?
A) $500,000
B) $428,000
C) $685,000
D) $548,000

Question

Use the information below to answer the following question(s).
Active Apparel Company reports the following data for its first year of operation.
 
-What is the cost of goods sold at Active Apparel Company?
A) $500,000 
B) $428,000 
C) $685,000 
D) $548,000

Quizplus · Accepted Answer

B) Calculations: $500,000 - 72,000 = $428,000

Use the Information Below to Answer the Following Question(s)