FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

CompletetheProftandLossStatementwiththefollowi Gross sales =$350.000.00 Customer retums =$60,000.00 Cost of merchandise sold =$125,000.00 Expenses = $127,000.00 Cost of Merch Sold Gross Margin Expenses Net Proft A.

image text in transcribed
CompletetheProftandLossStatementwiththefollowi Gross sales =$350.000.00 Customer retums =$60,000.00 Cost of merchandise sold =$125,000.00 Expenses = \$127,000.00 Cost of Merch Sold Gross Margin Expenses Net Proft A. 5290,000 Net Sales, \$158,000 Profit B. 5290,000 Net Sales; $98,000 Profit C. $290,000 Net Sales; $292,000 Profit D. $290,000 Not Sales; \$38,000 Profit

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Military Finances Personal Money Management For Service Members Veterans And Their Families

Military Finances Personal Money Management For Service Members Veterans And Their Families

Authors: Cheryl Lawhorne-Scott, Don Philpott

1st Edition

144222214X, 978-1442222144

More Books

Students also viewed these Finance questions

Question

ChildCare Industries manufactures infant car seats that it sells to retailers for $155 each. The costs to manufacture each additional seat are $65, and the monthly fixed costs are $18,000. a. How...

Answered: 1 week ago

Question

★★★★★
Abbe Co. is a small merchandising company with a manual accounting system. An investigation revealed that in spite of a sufficient bank balance, a significant amount of available cash discounts had...

Answered: 1 week ago

Question

★★★★★
CompletetheProftandLossStatementwiththefollowi Gross sales =$350.000.00 Customer retums =$60,000.00 Cost of merchandise sold =$125,000.00 Expenses = \$127,000.00 Cost of Merch Sold Gross Margin...

Answered: 1 week ago

Question

★★★★★
The defined roles and powers of the office of president manifest themselves in ways unique to the officeholder, allowing for individual style of leadership along a continuum of effectiveness.What...

Answered: 1 week ago

Question

★★★★★
The following function gives the cost, in dollars, of producing a kilograms of fertilizer: C(x)=0.001x- 0.14x + 7x + 160 What is the instantaneous rate of change of the cost when 50 kilograms are...

Answered: 1 week ago

Question

★★★★★
Show C code for below. Task: Write a program than calculates the square root of a positive number entered by the user Instructions: Write a main module (fileMain.c) that prompts the user for a value...

Answered: 1 week ago

Question

★★★★★
The comp set average for occupancy rate was 80%. Hotel A's occupancy rate was 75%. What is Hotel A's occupancy index? 102.54 98.75 93.75 100

Answered: 1 week ago

Question

★★★★★
describe why gland packing should have some small amount of leakage and may also require external cooling

Answered: 1 week ago

Question

★★★★★
In the Deacon process for the manufacture of C12, a dry mixture of HCl and air is passed over a heated catalyst that promotes the oxidation of HCl to Cl2. The Deacon process can be reversed and HCl...

Answered: 1 week ago

Question

★★★★★
3. Do these same employees report that their differences are respected?

Answered: 1 week ago

Question

★★★★★
2. Do colleagues of nontraditional demographics provide evidence that they feel comfortable around you?

Answered: 1 week ago

Question

★★★★★
4. Do you actively solicit the opinions, feelings, and suggestions of all colleagues, regardless of demographics?

Answered: 1 week ago

Previous Question Next Question