The following data relates to Campus Goods Inc:  Required: Based on the above data determine the following: 8A. Cost of Goods Sold in $ is ___________. 250,000 100,000 150,000 220,000 unanswered 8B. Gross Profit in $ and % is ___________ and ___________ respectively. 250,000 and 20% 180,0000 and 40% 180,000 and 45% 220,000 and 45% unanswered 8C. Operating expenses is ___________. 100,000 150,000 200,000 120,000 unanswered 8D. Operating profit in $ is ___________. 55,000 65,000 80,000 70,000
The following data relates to Campus Goods Inc:  Required: Based on the above data determine the following: 8A. Cost of Goods Sold in $ is ___________. 250,000 100,000 150,000 220,000 unanswered 8B. Gross Profit in $ and % is ___________ and ___________ respectively. 250,000 and 20% 180,0000 and 40% 180,000 and 45% 220,000 and 45% unanswered 8C. Operating expenses is ___________. 100,000 150,000 200,000 120,000 unanswered 8D. Operating profit in $ is ___________. 55,000 65,000 80,000 70,000
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
The following data relates to Campus Goods Inc:

Required: Based on the above data determine the following:
8A. Cost of Goods Sold in $ is ___________.
250,000
100,000
150,000
220,000
unanswered
8B. Gross Profit in $ and % is ___________ and ___________ respectively.
250,000 and 20%
180,0000 and 40%
180,000 and 45%
220,000 and 45%
unanswered
8C. Operating expenses is ___________.
100,000
150,000
200,000
120,000
unanswered
8D. Operating profit in $ is ___________.
55,000
65,000
80,000
70,000
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