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All of them 5. The company's gross profit based on the following is sales $48,000, sales returns and allowances $6,000, operating expenses $6,200, beginning inventory
All of them 5. The company's gross profit based on the following is sales $48,000, sales returns and allowances $6,000, operating expenses $6,200, beginning inventory $900, net purchases $9,100, ending inventory $2,300 is? 6. Complete the horizontal analysis below: 7. Moore Corporation has earned $205,500 after tax. The return on equity for Moore Corporation is 18%. What is Moore's stockholders' equity 8. Al Flynn has gathered the following information. Could you help Al calculate his gross profit? $25,000 Gross Sales Sales Discounts Beg. Inventory Net Purchases Ending Inventory Operating Expenses $3,000 $2,000 4,000 2,800 $1,800 9. An Apple iPod sells for $299, which is marked up 40% of the selling price. The cost of the iPod is: 10. Bill's Furrier marks up mink coats $3,000. This represents a 50% markup on cost. What is the cost of the coats? 11. J.C. Penney sells a Timex watch for $139.99 that cost $89.97. J.C. Penney's percent of markup based on the selling price is
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