Power Company's income statement for 2021 is given below. If inventory balances are 10000 in 2021 and 4000 in 2020, and if accounts payables balances are 15000 in 2021 and 2000 in 2020. Which of the...


Power Company's income statement for 2021 is<br>given below. If inventory balances are 10000 in<br>2021 and 4000 in 2020, and if accounts<br>payables balances are 15000 in 2021 and 2000<br>in 2020. Which of the following is cash payment<br>for COGS (cash inputs)?<br>Sales<br>75,000<br>-СOGS<br>55,000<br>Gross Profit<br>20,000<br>-Operating<br>Expenses<br>8,000<br>Operating Profit<br>12,000<br>-Interest Expense<br>2,000<br>Profit before Tax<br>10,000<br>-Тах<br>3,000<br>Net Profit<br>7,000<br>Select one:<br>а.<br>48000<br>b. 50000<br>c. 43000<br>d. 69000<br>

Extracted text: Power Company's income statement for 2021 is given below. If inventory balances are 10000 in 2021 and 4000 in 2020, and if accounts payables balances are 15000 in 2021 and 2000 in 2020. Which of the following is cash payment for COGS (cash inputs)? Sales 75,000 -СOGS 55,000 Gross Profit 20,000 -Operating Expenses 8,000 Operating Profit 12,000 -Interest Expense 2,000 Profit before Tax 10,000 -Тах 3,000 Net Profit 7,000 Select one: а. 48000 b. 50000 c. 43000 d. 69000

Jun 10, 2022
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