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

Question

1 Approved Answer

From the following details, calculate net sales revenue Sales Revenue $460,000 7,000 Sales Discounts Forfeited Cost of Goods Sold 260,000 75,000 Operating Expenses Interest Revenue

image text in transcribed

From the following details, calculate net sales revenue Sales Revenue $460,000 7,000 Sales Discounts Forfeited Cost of Goods Sold 260,000 75,000 Operating Expenses Interest Revenue 8,000 OA. $475,000 OB. $453,000 O C. $467,000 OD, $460,000

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_2

Step: 3

blur-text-image_step3

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

Auditing Essentials

Auditing Essentials

Authors: Frank C Giove

1st Edition

ISBN: 0738671509, 9780738671505

More Books

Students also viewed these Accounting questions

Question

★★★★★
Your financial adviser recommends buying a 10-year bond with a face value of $1,000 and an annual coupon of $80. The current interest rate is 7 percent. What might you expect to pay for the bond...

Answered: 1 week ago

Question

★★★★★
Which of the following helps generate insights that will help define the problem situation confronting a researcher? Causal research Narrative research Descriptive research Demographic research...

Answered: 1 week ago

Question

★★★★★
12. The predictor variables are called: (a) Credit rating and age (b) Credit rating and previous history rating (c) Previous history and age (d) The criterion variables

Answered: 1 week ago

Question

★★★★★
On May 1, Sparta Inc. began the manufacture of a new mechanical device known as Alex. The company installed a standard cost system in accounting for manufacturing costs. The standard costs for a unit...

Answered: 1 week ago

Question

★★★★★
public int find(long searchKey) int lowerBound int upperBound nElems-1; int curIn; 2 while(true) 6 7 curIn (lowerBoundupperBound if(a[ curIn)-#5earchKey) 12; return curIn /found it else if...

Answered: 1 week ago

Question

★★★★★
.8 A local hospital purchased a digital image-processing machine three years ago at a cost of $45,000. The machine had an expected life of eight years at the time of purchase and an expected salvage...

Answered: 1 week ago

Question

★★★★★
An aluminium rod is a total of 900mm long and 50mm in diameter. Part of this bar is turned down to 40mm diameter for a length of 50mm each end. Calculate the total elongation when subjected to an...

Answered: 1 week ago

Question

★★★★★
Mr. Manalo opened a mini grocery store with Business name Manalo Trading. Operations began on April 1, 2021, and the following transactions were completed during the month: 1 Mr. Manalo withdrew...

Answered: 1 week ago

Question

★★★★★
Sharon contributes 5% of her annual earnings of $40,000.00 to her defined contribution pension plan. Her employer matches her contributions. Calculate Sharon's pension adjustment

Answered: 1 week ago

Question

★★★★★
Complete business activity and instalment activity statements in Australia Swanston Enterprises report GST quarterly on a cash basis. They had the following account balances (on a cash basis) for the...

Answered: 1 week ago

Question

★★★★★
14. A cylinder whose radius is 2 inches is removed from the right prism as shown. The ends of the prism have the shape of an equilateral triangle whose sides are 8 inches long. Find the volume of the...

Answered: 1 week ago

Question

★★★★★
Which laws affecting employment opportunities must Disney need to address in their Executive Incubator and Studio Internship Programs?

Answered: 1 week ago

Question

★★★★★
The text discusses Affirmative Action (AA) and defines what it means: planned special efforts to recruit, hire, and promote women and members of minority groups. How would you assess or describe...

Answered: 1 week ago

Question

★★★★★
What areas of employment discrimination does Disney seem to be targeting with their diversity programs?

Answered: 1 week ago

Previous QuestionNext Question