Answer:
Net sales revenue= 220,100
Explanation:
Giving the following information:
Sales, gross $ 245,000
Sales returns and allowances $ 20,000
Sales discounts 4,900
Sales salaries expense 10,900
<u>Sales salaries expense is not a part of the net sales in a multiple-step income statement. The net sales are as follow:</u>
Sales= 245,000
Sales returns and allowances= (20,000)
Sales discounts= (4,900)
Net sales revenue= 220,100
Answer:
The answer is 3.3%
Explanation:
Percentage growth rate is
New figure - Old figure /old figure x 100%
Real GDP in 2011 is $15.5 trillion
Real GDP in 2010 is $15 trillion
So we have $15.5 - $15/$15 x 100%
$0.5/$15 x 100%
0.033 x 100%
3.3% is the growth rate between 2011 and 2010.
Alternatively, new figure - old figure - 1
$15.5/15 - 1
1.033 - 1
0.033
Expressed as a percentage
0.033 x 100%
3.3%
Answer:
audit trails
Explanation:
Reports that trace the entry of and changes to critical data values are called <u>audit trails</u> and are essential in every system.
Answer:
$32,980
Explanation:
The computation of comprehensive income is shown below:-
Comprehensive income = Cash dividend + Unrealized holding gain
= $11,800 + $31,800
= $32,980
Comprehensive income includes net profit and other complete or compression profits.
Net revenue involves operating and non-operating income, net of expenses
. Other comprehensive profits consisted of unrealized gains or losses, cash flow hedges.
So in this question we considered the dividend and unrealized holding gain as an comprehensive income
No because they aren't Fair
