HelenaPierce6210 HelenaPierce6210

21-12-2020
Business

contestada

Assume there are net sales of $350,000 and the total operating expenses are $45,000, the net income using the FIFO method of costing the ending inventory is:_______

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Parrain Parrain

23-12-2020

Answer: $305,000

Explanation:

Net Income = Net Sales - Total Operating Expenses

= 350,000 - 45,000

= $305,000

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