1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Llana [10]
2 years ago
10

last year, rosa spent $130,000 for merchandise she sold. she had net sales of $200,000 and expenses of $40,000. what is rosa’s n

et profit?
Business
1 answer:
Triss [41]2 years ago
4 0

Last year, rosa spent $130,000 on merchandise she sold. she had net sales of $200,000 and expenses of $40,000', therefore rosa’s net profit is <u>$30,000.</u>

<u />

Merchandising is any practice that contributes to the sale of products to retail consumers. At the retail level, merchandising refers to the presentation of products that are sold in creative ways that induce customers to purchase more items or products.

Visual display merchandising in retail means using product design, selection, packaging, pricing, and presentation to sell products and encourage consumers to buy more.

To do. This includes disciplining and discounting the physical presentation of products and displays and deciding which products to present to which customers and when. In retail, creatively linking related products and accessories is often a great way to encourage consumer purchases.

learn more about merchandise here;  brainly.com/question/25745683

#SPJ4

You might be interested in
Introduction to the future value of money Aa Aa Under the concepts of the time value of money, you can determine the future valu
nika2105 [10]
So what to do hear what’s the answers
8 0
3 years ago
Torque roz, an automobile company, uses a unique tire design on its vehicles. a rival company was found copying the exact design
Kitty [74]
Torque toz's unique tire design is a registered trademark
5 0
3 years ago
Manufacturing cost data for Orlando Company, which uses a job order cost system, are presented below. Indicate the missing amoun
marusya05 [52]

Answer:

(a)  $54796  (b)  $58,800  (c)  $ 15100  (d) $117916   (e) $ 352916 (f) $ 374216

 (g)  $326316   (h) $ 82824.18 (i) $ 64276.82 (j)  $234500  (k) $1900

Explanation:

The calculations are as follows.

                                              Case A         Case B              Case C

Direct materials used      $ (a) 54796           $91,200          $69,000

Direct labor                              52,200          143,800          (h) 82824.18

Manufacturing overhead applied 42,804      (d)117916         (i)64276.82

Total manufacturing costs           149,800     (e) 352916            216,100

Working

The following formula is used to find the missing values :

Total MFG Cost= DM + DL+ MFG OH

a)  149800- 42804-52200= 54796

d)  Ratio of MfgOH to DL= 42,804/52,200= 0.82

Mfg Overhead for Case 2=  0.82* 143,800= 117916

e) 91,200+ 143,800+ 117916= 352916

h+i) Conversion Costs for Case 3=  216100-69000=147100

Mfg OH is 82% of DL

Total Conversion Cost will be 1.82

1.82x= 147100

x= 147100/1.82

x= 82,824.18

h)DL= 82824.18

i) MFG OH= CC- DL= 147100- 82824.18= 64276.82

Work in process 1/1/14           (b) 58,800              21,300             18,400

Total cost of work in process      208,600      (f) 374216        (j)234500

Working

The following formula is used to find the missing values

Total WIP Cost- Total MFG Cost= Opening WIP

b)Total WIP Cost- Total MFG Cost= 208600-149800= 58,800

f) Total MFG Cost+ WIP= 352916 + 21,300   =374216

j) Total MFG Cost+ WIP=216,100 + 18,400= 234500

Work in process 12/31/14          (c)  15100             11,900             (k)1900

Cost of goods manufactured     193,500     (g) 326316              232,600

Working

The following formula is used to find the missing values

Total WIP-CGS= Ending WIP

c) Total WIP-CGS= 208600-193500 = 15100

g)  Total WIP- Ending WIP= 374216- 11,900      = 326316

k) Total WIP-CGS=234500- 232,600 = 1900

After filling in the blanks:

                                              Case A         Case B              Case C

Direct materials used      $ (a) 54796           $91,200          $69,000

Direct labor                              52,200          143,800          (h) 82824.18

Manufacturing overhead applied 42,804      (d)117916         (i)64276.82

Total manufacturing costs           149,800     (e) 352916            216,100

Work in process 1/1/14           (b) 58,800              21,300             18,400

Total cost of work in process      208,600      (f) 374216        (j)234500

Work in process 12/31/14          (c)  15100             11,900             (k)1900

Cost of goods manufactured     193,500     (g) 326316              232,600

6 0
3 years ago
Select the correct answer.
Dima020 [189]

The correct option is A

<u>Explanation:</u>

Under the accrual basis of an accounting system, an expense has to be booked in the period in which it is incurred whether such an expense has been paid or not.

<u>The following Journal Entry will be passed in the books of accounts of a company: </u>

Wages account will be debited with an amount of 5000 and Wages Payable account will be credited with an amount of 50000

Thus, the correct answer will be option A from the given options.

5 0
3 years ago
In today's business environment, firms that truly focus on customers must instill a corporate culture that places customers and
kumpel [21]

Answer:

Relationships; Competition.

Explanation:

In today's business environment, firms that truly focus on customers must instill a corporate culture that places customers and other stakeholders at the top of the organizational hierarchy. when this occurs, the firm shifts its focus from transactions to <u>relationships</u>, and from <u>competitions</u> to collaboration.

Customer are considered to be king in the current open market condition, where seller are trying every bit to attract more and more customer. When a firm possesses capabilities that allow it to serve customers' needs better than the competition, the firm is said to have competitive advantage, however, this lead to shift of focus from transaction to relation building with customer to gain profit in long run and it does not focus only on competition but look for collaboration with customer to gain competitive advantage for future.

4 0
3 years ago
Other questions:
  • The Nature’s Sunshine natural supplement company decided to use Oracle’s CRM system to manage its many customers. Identify all o
    6·1 answer
  • Gross income multiplier analysis assumes that the subject and comparable properties are collecting market rents. Therefore, it i
    13·1 answer
  • ___________ is/are treated as receivables if collected from employees or deducted from their salaries.
    8·1 answer
  • Micca ensures that all of her employees understand and follow through on the
    8·1 answer
  • A business may have a/an or a/an risks.
    15·1 answer
  • Which of the following are considered needs? Check all that apply
    10·2 answers
  • The Broadmoor Hotel in Colorado Springs, Colorado, maintains its five-star rating by focusing on five service characteristics: r
    6·2 answers
  • Ending Inventory On January 1, Pope Enterprises' inventory was $625,000. Pope made $950,000 of net purchases during the year. On
    10·1 answer
  • Mass media can be employed to publicize a cause or product by distributing information that is distorted or exaggerated. What is
    7·1 answer
  • What is the difference between a conflict based on a power struggle and a conflict based on a personality difference?
    15·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!