Consumers are most likely to find the best prices in an oligopoly
Increased accountability of employees is typically caused by organizational/business ethics. Ethics are the standards in which a business or person operate at any given time, no matter the situation or who is watching.
Answer:
206,000
Explanation:
Sales = 590000
- CGS = 302000
Gross profit = 288,000
Less Operating Expenses:
Sellings and Admin expenses = 67000
Freight in = 15000
Total Operating expenses = 82000
Operating Income = 206,000
CGS = Beginning inventory + Purchases - Ending Inventory
CGS = 43,000 +302,000 - 43,000 = 302,000
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