All categories

2 years ago

To compute net income for a merchandiser, you will start with net sales, subtract cost of goods sold and subtract other.

1 answer:

5 0

The next items to subtract from net sales in order to compute net income for a merchandiser are <u>Expenses</u>.

<h3>What are the expenses for a merchandiser?</h3>

The expenses for a merchandiser include selling and distribution expenses. Others are administrative expenses, including depreciation for long-term assets, and tax expenses.

Thus, o compute net income for a merchandiser, you will start with net sales, subtract the cost of goods sold and subtract other <u>expenses</u>.

Learn more about the expenses of a merchandiser at brainly.com/question/5657625

You might be interested in

Which of the following tends to occur when the unemployment rate increases? A. all of the above B. a reduction in the labor forc

Luda [366]

Answer:

B. a reduction in the labor force participation rate

Explanation:

In the case when the rate of unemployment increased so there would be decrease in the labor force participation rate as the unemployment rate defines the percentage correspond with the labor force i.e. without the job or the labor force who has not in the job in the current period

hence, the correct option is B.

4 0

3 years ago

Read 2 more answers

You're trying to save to buy a new $220,000 Ferrari. You have $33,000 today that can be invested at your bank. The bank pays 4.0

Flura [38]

Answer:

The answer is 48.37

Explanation:

Future value (FV) = $220,000

Present value(PV) = $33,000

Interest rate(i) = 4 percent.

Number of years(N)= ?

Using the Texas BA II Plus financial calculator:

FV = 220,000; PV = - 33,000; I/Y= 4;

CPT N= 48.37

Therefore, the number of years is 48.37 years. It will take him 48.37 years to invest $33,000 today at a 4 percent rate in order to buy the car at a cost of $220,000

3 0

3 years ago

Brody Corp. uses a process costing system. Beginning inventory for January consisted of 1,300 units that were 40% completed. 13,

Aneli [31]

Answer:

completed units = 13,650

Explanation:

given data

Beginning inventory = 1,300 units

completed = 40 %

started = 13,000 units

inventory consisted = 650 units

completed = 70%

solution

we get here completed units that is express as

completed units = Beginning inventory + started unit - ending inventory ..............................1

put here value and we get

completed units = 1,300 + 13,000 - 650

completed units = 13,650

6 0

4 years ago

A principal objection to the straight-line method of depreciation is that it...(a)provides for the declining productivity of an

enot [183]

Answer: Option B

Explanation: Under the straight line method of depreciation, the value of the asset is divided equally to its useful life. It is computed as follows :-

$=\:\frac{Cost\:-salavge\:value}{useful\:life}$

NOW,

A. Straight line method as per the above equation provides for equal productivity.

B. Dividing the usefulness equally results in ignorance of change in the rate of asset use as the asset may be used less initially but more in later years.

C. As the expense from the method remains same and the actual value of the asset diminishes it results in higher rate of return.

D. Decreasing charge method charge depreciation on written down value whereas straight line charges t initial cost thus it gives higher write offs than decreasing charge.

6 0

3 years ago

An optimization model __________.

storchak [24]

Answer:

3) is a type of mathematical model used when the user seeks to optimize some objective function subject to some constraints

Explanation:

Optimization models are used by businesses to try to solve some specific problem by optimizing or minimizing its function.

For example, you want to optimize your inventory management. Your goal will be to lower your inventory costs by maximizing inventory turnover.

3 0

3 years ago