Compute how much sales revenue did the company earn

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A newly established company has the following financial statement figures at the end of its accounting period. (a) Cash..... $200 , (b) Accounts Payable.....$350 , (c) Inventories..... $250 , (d) Financing Expenses.....4100 , (e) PPE.....$400 , (f) General Administrative Expenses..... $120 , (g) Long-term borrowings.....$350 , (h) Cost of Goods Sold.....$200 , (i) Capital.....$300 , (j) Accounts Receivable.....$300

Problem 1: According to this data, how much sales revenue did the company earn during the year?

Option 1: $570
Option 2: $150
Option 3: $370
Option 4: $250

Reference no: EM132764536

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