A Company Sells Goods For $150,000 That Cost $54,000 To Manufacture. Which Statement Is True?
When a company sells goods for $150,000 that cost $54,000 to manufacture, it is making a profit of $96,000. This is the most important statement that is true in this situation. The company is earning revenue. When a company sells goods, it generates revenue. In this case, the company is making $150,000 in revenue from …