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Single-step Income Statement
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Single-step Income Statement
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4. Merchandising Operations / Single-step Income Statement / Problem 8
Problem 8
A company has wage expense of \$40,000, interest expense of \$5,000, and cost of goods sold of \$100,000. What is the total expense?
A
\$145,000
B
\$140,000
C
\$135,000
D
\$150,000
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