HomeManagementIf gross margin is $2000 and revenue is $5000, then cost of goods sold would be 1536. If gross margin is $2000 and revenue is $5000, then cost of goods sold would beBy Admin / September 23, 2025 A. -$8000 B. $3,000 C. -$3000 D. $8,000 ✅ The correct answer is option B. Cost of goods sold = Revenue – Gross margin = $5000 – $2000 = $3,000.
1. Cost allocation base used by an operating manager is classified as Leave a Comment / Management, Management Accounting MCQs / By Admin
2. Which of the following is a key external factors that should be taken into account by a corporate strategy? Leave a Comment / Management, Strategic Management MCQs / By Admin