Use the information above to answer the following question.Which of the following statements is true?
A)The sales revenue is $1,500.
B)The gross profit is $1,500.
C)The cost of goods sold is $1,500.
D)The net income is $1,500.

Question

Quizplus · Accepted Answer

The statement that the cost of goods sold is $1,500 is true, as it is the only option that logically fits the context provided.

Use the Information Above to Answer the Following Question