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Katena32 [7]
2 years ago
14

You recently increased your spending on marketing by 10%. You now spend $5,500 per month. Revenue increased by $1000 per month a

nd your gross margin percentage is 70%. All other expenses stayed constant. Did the increase pay off?
Business
1 answer:
spayn [35]2 years ago
8 0
The correct answer is yes the money increase because it’s just right
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Answer:

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Where is the most common workplace for people in the finance cluster?
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Westmoreland Corporation prepared its statement of cash flows for the year. The following information is taken from that stateme
vitfil [10]

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Cash Balance at the beginning of the year = $4,600

Explanation:

Opening Cash Balance = Closing Cash Balance - Net Increase (Decrease) in Cash

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3 years ago
Which of the following statements is not correct? Multiple Choice After the reversing entry is posted for the adjustment made to
Oksana_A [137]

Answer:

A)After the reversing entry is posted for the adjustment made to recognize the salaries expense at the end of the accounting period, the Salaries Expense account will have a zero balance and the Salaries Payable account will have a credit balance

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5 0
2 years ago
A large bakery buys flour in 25-pound bags. The bakery uses an average of 1,215 bags a year. Preparing an order and receiving a
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Answer and Explanation:

The computation is shown below

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= 675 + 675

= $1350

3 0
2 years ago
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