Sales revenue equals $367,810, sales returns & allowances are $10,000, and sales discounts total $14,180. The cost of goods sold is $216,490, operating expenses are $28,500, and the company incurs $31,640 of income tax expense. Which of the following statements is correct?a. Net sales equal $367,810 and gross profit is $67,000.b. Net sales equal $343,630 and gross profit is $98,640.c. Net sales equal $343,630 and gross profit is $127,140.d. Net sales equal $67,000 and gross profit is $98,640.
Answers: 3
Business, 22.06.2019 13:00
Explain the relationship between consumers and producers in economic growth and activity
Answers: 1
Business, 22.06.2019 17:40
Aproduct has a demand of 4000 units per year. ordering cost is $20, and holding cost is $4 per unit per year. the cost-minimizing solution for this product is to order: ? a. 200 units per order. b. all 4000 units at one time. c. every 20 days. d. 10 times per year. e. none of the above
Answers: 3
Business, 23.06.2019 02:30
Cadillac's portfolio consists of sedans, a crossover, a sport utility vehicle, and a high-performance version of the sedan. the sedans are sold through the cadillac dealer network, but the high-performance version is sold in limited volumes and is not available at all dealers. this difference in availability is an example of how the products within the cadillac portfolio are differentiated by the
Answers: 3
Sales revenue equals $367,810, sales returns & allowances are $10,000, and sales discounts total...
Mathematics, 23.08.2021 19:50
Mathematics, 23.08.2021 19:50
Chemistry, 23.08.2021 19:50
Mathematics, 23.08.2021 19:50
Social Studies, 23.08.2021 19:50
Mathematics, 23.08.2021 19:50
English, 23.08.2021 19:50
Computers and Technology, 23.08.2021 20:00
English, 23.08.2021 20:00
Mathematics, 23.08.2021 20:00
Mathematics, 23.08.2021 20:00