Newark Company has provided the following information: Cash sales, $640,000 Credit sales, $1,540,000 Selling and administrative expenses, $520,000 Sales returns and allowances, $109,000 Gross profit, $1,550,000 Increase in accounts receivable, $74,000 Bad debt expense, $52,000 Sales discounts, $62,000 Net income, $1,030,000 How much is Newark's cost of goods sold

Ancho corp. is an automobile company whose core competency lies in manufacturing petrol- and diesel- based cars. the company realizes that more of its potential customers are switching to electric cars. the r& d department of the company acquires competencies in developing electric cars and launches its first hybrid car, which uses both gas and electricity. in this scenario, ancho is primarilya. leveraging new core competencies to improve current market position. b. redeploying existing core competencies to compete in future markets. c. unlearning existing core competencies to create and compete in markets of the future. d. building new core competencies to protect and extend current market position