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Ierofanga [76]
1 year ago
8

A company has net sales of $852,000 and cost of goods sold of $565,000. its net income is $101,800. the company's gross profit a

nd operating expenses, respectively, are?
Business
1 answer:
Murljashka [212]1 year ago
5 0

Answer is $287,000 and  $185,200 respectively for the company's gross profit and operating expenses.

Let us see how to solve it. As we can see the formula for Gross Margin is as follows -

Gross Margin= Net Sales − Cost of Goods Sold which is $852,000 − $565,000 = $287,000. So the total Gross Margin is $287,000.

Now the formula for Operating Expenses  is as follows-

Operating Expenses= Gross Margin − Net Income; Hence we have to do  $287,000 − $101,800 = $185,200.  So the total Operating Expenses is $185,200. Hence answer is $287,000 and  $185,200 respectively for the company's gross profit and operating expenses.

Learn more about operating expenses here-

brainly.com/question/14995350

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Answer:

decrease, upward

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When Italian interest rates increase, their demand in Italy would increase, hence a downward pressure on the supply of the same would be required. as the demand of the currency in italy increases, its value also increases. hence there is an upward pressure on the value of the pound against the u.s. dollar.

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Pauline’s parents perform tasks of which order in this scenario? Pauline’s family is fairly liberal. Her parents have set certai
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Answer:

The reason is that the Pauline's parents are performing parental orders which includes the imposition of conditions. These imposed conditions and rules for the children are for their benefit and will help them in forming habits and protect themselves from the world evil beings. All the habits structuring of Pauline which her parent desire are of immense importance for her future life. Neither of the condition or rule mentioned in the case are unethical and are what a proactive person possesses and are also desirable. This shows that the parents are working hard with their children to let them have a good set of habits and reflects good parenting. Though initiallt it seems that the liberty of Pauline is diminished but will ensure its future safety and liberty in the long run. People have choice to drink wine but this doesn't mean that the childrem must also taste them. This is because its not good for health and that the lack of good parenting will affect them most.

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3 years ago
Dr. Peabody recorded an $82 telephone bill that he will pay within thirty days. Which of the following statements is correct?
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Answer:

A. Telephone expense is debited $82; accounts payable is credited $82.

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Mr. Peabody has incurred a debt of $82 on telephone expenses. His expenses have increased by $82, and his debts(liabilities) have also increased by $82.

An increase in expenses is recorded by debiting the relevant expense account. Mr. Peabody will debit the telephone expense account by $82.

Liabilities have increased by $82. An increase in liabilities is recorded by crediting the liabilities account. Mr. Peabody will complete this transaction by crediting the liabilities account by $82.

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I think the answer is true.
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In setting a product's , a business needs to take into account the costs of producing, distributing, and promoting the product a
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When setting the price of a product, a company needs to take into account the costs of producing, distributing and promoting the product, as well as a profit margin.

<h3>How to set the product price correctly?</h3>

It is essential that the company align its needs and objectives with the characteristics of the market and its business, in order to define a compatible and competitive price. It is essential to analyze income and expenses to establish an optimal balance in the pricing process, revising the strategy whenever necessary.

Therefore, it is essential that pricing is aligned to the market, to the fixed and variable costs of the business, considering its needs and goals for the business to be well positioned in the market.

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