The operating income for TRX Inc. is $100 million. If the cost of goods is $30 million, SGA expenses are $15 million, and other operating expenses are $5 million, find the sales revenues for TRX

Which is a richer communication channel: instant-messaging or ordinary e-mail?

A) E-mail is richer because it gives the user time to think about the message before responding. B) Instant-messaging is richer because it travels faster than e-mail. C) Instant-messaging is richer because it allows a quick back-and-forth flow to clarify misunderstandings. D) E-mail is richer because it allows a quick back-and-forth flow to clarify misunderstandings.

Which objective listed below is not a cost accounting objective for the production cycle?

A) Provide information for planning, controlling, and evaluating the performance of production operations. B) Provide cost data about products used in pricing and product mix decisions. C) Collect and process the information used to calculate inventory and cost of goods sold amounts that appear in the financial statements. D) Provide tests of audit control functions as part of the AIS.