If the cost of goods sold is $8000, the gross margin is $5000 then the revenue will be

management accounting ratio analysis 10-02-2023

Quiz
•
Arts
•
University
•
Hard
Prithiviraja A.K
Used 1+ times
FREE Resource
5 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
$13,000
−$13000
$3,000
−$3000
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Competitiveness can be best measured by
Gross margin
income margin
sales margin
cost margin
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The gross margin is added to the cost of sold goods to calculate
revenues
selling price
unit price
bundle price
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If the gross margin is $2000 and the revenue is $5000, then the cost of goods sold would be
$8,000
$3,000
$2,000
$4,000
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Tenzin Ltd. Which is Finance Based Ecommerce Company has a current ratio of 3.5:1 and quick ratio of 2:1. If excess of current assets over quick assets represented by inventories is Rs. 24,000, What will be the value of current assets?
66000
55500
56000
55000
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