36.which of the following describes an activity that increases a companys bank account balance?

A.Debt memo

B.Credit memo

C.Certified check

D.Balance sheet

37. How is the net income percentage calculated?

A.Net income divided by net sales

B.Net income divided by gross margin

C.Net sales divided by net income

D.Total stockholders equity divided by net sales

What is meant by "market in the lower-of-cost-or-market rule? The amount that would have to be paid to replace the merchandise The amount the goods were sold for during the period. The amount originally paid for the merchandise The a of gross margin earned by selling merchandise