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  • Theoretical Framework of Accounting
  • COGS = Rs. 2,00,000, Gross loss = Rs. 40,000, Operating e...
Multiple choice

COGS = Rs. 2,00,000, Gross loss = Rs. 40,000, Operating expenses = Rs. 30,000 Calculate net sales.

  1. Rs. 2,40,000

  2. Rs. 1,60,000

  3. Rs. 70,000

  4. Rs. 1,30,000

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Sales = COGS - Gross loss, i.e. 2,00,000 - 40,000

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