Value added at alejandro store

Assignment Help Accounting Basics

Reference no: EM13155409

Alejandro Scoobertini owns a store specializing in soccer jerseys. In 2008, he purchased $150,000 worth of jerseys from manufacturers, employed one worker for $40,000, purchased $20,000 worth of supplies from an office supply store, and sold jerseys for $280,000. Based on this information, what was the value added at Alejandro's store in 2008.

A) $70,000

B) $110,000

C) $280,000

D) $490,000

Reference no: EM13155409

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