1) Noora Company had sales BD 695,000 and cost of goods sold of BD 278,000 its gross profit equals a) BD (417,000) b) BD 695,000 c) BD 278,000 d) BD 417,000 e) BD 973,000 2) Dana company had sales of BD 375,000 and its gross profit was BD 157,500 its cost of goods sold equals a) BD (217,000) b) BD 375,000 c) 157,500 d) BD 217,500 e) BD 532,500 3) Beginning inventory plus net purchase: a) cost of goods sold b) merchandise available for sale  c) Ending inventory d) sales e) Shown on the balance sheet 4) Sales less sales discounts less sales returns and allowances equals : a) Net purchase b) Cost of goods sold c) Net sales d) Gross profit e) Net Income 5) A company had sales of BD 135,000 sales discounts of BD 2,000 and sales returns of BD 3,200 the net sales equals: a) BD 5,200 b) BD 129,800 c) BD 133,000 d) BD 135,000 e) BD 140,200 6) Amazon Company has sales BD 56,000 sales returns BD 6000 and Gross Profit BD 15,000 what is the cost of goods sold a) BD 77000 b) BD 41000 c) BD 35000 d) BD 47000

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