Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 06, 2024

evening story has sales of 4,212.820;income tax 542,003 the selling, general and admin expenses of 277.823, depreciation of 354.532; cost of goods is $2959.850 and

evening story has sales of 4,212.820;income tax 542,003 the selling, general and admin expenses of 277.823, depreciation of 354.532; cost of goods is $2959.850 and interest of 193,400 calculate the amount of the firms gross profit

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

Step: 3

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

Advanced Modelling In Mathematical Finance

Authors: Jan Kallsen, Antonis Papapantoleon

1st Edition

3319458736, 978-3319458731

More Books

Students also viewed these Finance questions

Question

★★★★★

Utah Soy Products (USP) buys soybeans and processes them into other soy products. Each ton of soybeans that USP purchases for $ 400 can be converted for an additional $ 210 into 675 pounds of soy...

Answered: 1 week ago

Question

★★★★★

Answered: 1 week ago

Question

★★★★★

=+3.16. 1.5 | Deduce directly by countable additivity that the Cantor set has Lebesgue measure 0.

Answered: 1 week ago

Question

★★★★★

Plevin Company ended its fiscal year on July 31, 2019. The company's adjusted trial balance as of the end of its fiscal year is shown below. Instructions (a) Prepare the closing entries using page...

Answered: 1 week ago

Question

★★★★★

1. How much of the needed information can be provided by accountants? 2-What is the difference between the following? a. Fundamental qualities b. Enhancing qualities c. 3-Why going concern...

Answered: 1 week ago

Question

★★★★★

A prominent alumnus of your university has just donated $3,300,000 to fund a scholarship that will distribute $119,000 per year forever beginning in one year. For this to be true, what rate of return...

Answered: 1 week ago

Question

★★★★★

4. The Citizens Bank commissioned a study to determine processing times for new accounts. Five samples of four observations each have been taken, as shown in the following table: Totals Sample 1...

Answered: 1 week ago

Question

★★★★★

R1. A gas purification system needs to produce 3 kg/hour of purified product. If the purification membrane area is 40 m and 0.06mm thick, determine: (4) A. Flux of gas required for desired production...

Answered: 1 week ago

Question

★★★★★

Matrix Inc performs following job and it wants you to compute Actual Costing and Nominal Costing Based on following info:

Answered: 1 week ago

Question

★★★★★

Question 18 2 Points As a result of continuously measuring and evaluating their performance, Dana Pastries identified five areas that require improvement. Accordingly, they launched a new initiative...

Answered: 1 week ago

Question

★★★★★

Debate the following statement: 'Big Data' and the buzz of the so-called 'green marketing' and 'sustainable marketing' are being used nowadays by marketing professionals to increase the grip and the...

Answered: 1 week ago

Question

★★★★★

2. What technologies are used by UPS? How are these technologies related to UPSs business strategy? United Parcel Service (UPS) started out in 1907 in a closet-sized basement office. Jim Casey and...

Answered: 1 week ago

Question

★★★★★

2. Identify the problems that businesses in this case study solved by using mobile digital devices. How much of your job can you do from the palm of your hand? Probably more than you think. Today...

Answered: 1 week ago

Question

★★★★★

1. What kinds of applications are described here? What business functions do they support? How do they improve operational efficiency and decision making? How much of your job can you do from the...

Answered: 1 week ago

Previous Question Next Question