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3 years ago

Have you ever seen a push system in action? Please describe what you witnessed.

1 answer:

5 0

I’m gonna is your day to come see ya bro wyd was the day you were gonna we had to do that haha this was the beach house and I was like oh yeah

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Which term refers to promotional money paid by manufacturers to retailers in return for an agreement to feature the manufacturer

Strike441 [17]

Allowance, I believe.

5 0

3 years ago

Challenge Tennis & Recreation's operating activities for the year are listed below. Purchases $174 comma 800 Operating exp

makkiz [27]

Answer:

The answer is $169,400

Explanation:

Gross profit is a line item under income statement and it is the difference between net sales(revenue) and cost of sales. It is a measure of profitability ( net sales - cost of sales?

Cost of sales = beginning Inventory + purchases - ending Inventory

$27,600 + $174,800 - $37,800

$164,600.

Now, cost of sales is: ( net sales - cost of sales)

$334,000 - $163,800

=$169,400

6 0

3 years ago

The transactions of Spade Company appear below. Kacy Spade, owner, invested $12,500 cash in the company in exchange for common s

horrorfan [7]

Answer:

Debits of trial balance = Credits of trial balance.

Explanation:

1. Dr Cash 12500

Cr Capital 12500

2.Dr Office supplies 363

Cr Cash 363

3.Dr Office equipment 6913

Cr Accounts payable 6913

4. Dr Cash 1475

Cr Service revenue 1475

5. Dr Accounts payable 6913

Cr Cash 6913

6. Dr Account receivable 2650

Cr Service revenue 2650

7. Dr Rent expense 520

Cr Cash 520

8. Dr Cash 1113

Cr Account receivable 1113

9.a) Dr Retained Earning 1100

Cr Dividend payable 1100

b) Dr Dividend payable 1100

Cr Cash 1100

Ledgers:

Cash=12500-363+1475-6913-520+1113-1100= Dr 6192

Office Supplies = Dr 363

Office equipment = Dr 6913

Capital = Cr 12500

Accounts payable = 6913-6913=0

Service revenue = 1475+2650= Cr 4125

Rent expense = Dr 520

Account receivable = 2650-1113= Dr 1537

Retained earning = Dr 1100

Dividend payable =1100-1100=0

Trial Balance

_Dr________________________________________Cr_____

6192 cash ----- 12500 Capital

363 Office supplies ----- 4125 Service revenue

6913 Office equipment -----

520 Rent expense ------

1537 Account receivable

1100 Retained earning

Total = 16625 ------ Total = 16625

5 0

3 years ago

Sales $200,000 Net income 100,000 Depreciation 20,000 Interest 10,000 Taxes 5,000 What is the company’s operating profit margin?

WITCHER [35]

Answer:

57.5%

Explanation:

Data Provided:

Total Sales = $ 200,000

The net income = $ 100,000

Depreciation = $ 20,000

Interest = $ 10,000

Taxes = $ 5,000

Now,

the operating profit is the from the income before the taxes and interest. Thus,

the interest and taxes will be included in the net income for the operating profit

therefore,

The operating profit = income + Interest + Taxes

The operating profit = $ 100,000 + $ 10,000 + $ 5,000 = $ 115,000

Now,

the operating profit margin = ( Operating profit / Sales ) × 100

= ( $ 115,000 / $200,000 ) × 100 = 57.5%

3 0

3 years ago

Deontologist would agree that the increasing medical concern over obesity in the United States justified federal regulation of h

KonstantinChe [14]

Explanation:

Yes it is true that the advertisements during the children's program are responsible for increasing the craving of children for junk food which contains high calorie, high fat, high sugar and and low nutritional values.

These negative food habits are causing the obesity in the young children in the United States. The USDA has updated its "MyPlate" in 2011 to give information about the right food habits which are good for nutritional value to the U.S citizens.

7 0

3 years ago