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
slamgirl [31]
3 years ago
8

During the month, merchandise is sold for $80,500 cash and for $119,000 on account. The cost of goods sold is $101,500. What is

the amount of gross profit?
a. $199,500
b. $119,000
c. $98,000
d. $80,500
Business
1 answer:
REY [17]3 years ago
5 0
First add two numbers and get the sum and then subtract with the third number and get the different ..so the answer will be C: 98000
You might be interested in
What is an example of an inflation risk?
ale4655 [162]
The price of an item can rise or fall
5 0
3 years ago
Read 2 more answers
_____ is the act of negotiating with employers regarding employment issues by employees who are members of a union.
jek_recluse [69]

Answer:

Collective bargaining

Explanation:

Collective bargaining is the process in which working people, through their unions, negotiate contracts with their employers to determine their terms of employment, including pay, benefits, hours, leave, job health and safety policies, ways to balance work and family, and more.

3 0
2 years ago
Residual income is ____________.A. the difference between the net income the analyst expects the firm to generate and the requir
BARSIC [14]

Answer:

A. The difference between the net income the analyst expects the firm to generate and the required earnings of the firm.

Explanation:

Residual income measures an organisation's internal corporate performance by looking at the difference between the income geneated by the firm and the required minimum returns. It can be described as the excess of generated income over required earnings for the firm.

For personal Income, residual income represents the income an individual has left after deducting all personal expenses and all debts.

Based on the question, therefore, residual income will be the excess amount after a company's analysts' deduct the required earnings of the company from what the company generates.  

3 0
3 years ago
What does it mean if a company has a debt ratio of 101.5%?
7nadin3 [17]

Explanation:

Debt ratio is basically the ratio between the total debts and the total assets of a company. It shows the percentage of total debts of the company in accordance or in comparison of the total assets. If the debt ratio is high, it means the company has more liabilities than the assets. Higher debt ratio may lead a company towards default.

In this question, 101.5% debt ratio means the total liabilities of the company are 1.5% more than the total assets of the company. This shows that the company's debt ratio is high. Liabilities are more than the assets. In this situation, a company is considered at a risk if precautionary measures are not taken immediately.

6 0
3 years ago
In order to minimize project risks, which step comes after the step of identifying risks?
Katarina [22]

Evaluating risks

Once risks are identified you determine the likelihood and consequence of each risk. You develop an understanding of the nature of the risk and its potential to affect project goals and objectives. This information is also input to your Project Risk Register.

4 0
3 years ago
Other questions:
  • The market for gasoline has changed in a couple significant ways over the last few years: new technologies have decreased the co
    15·2 answers
  • Which two forms of financial aid require the student to bear the costs of college education?
    12·1 answer
  • When you compose a message, you want your audience to find the information it needs quickly and to understand it. Your message s
    11·1 answer
  • You are a senior manager at a large consumer goods company. The company president has noticed that recent college graduates and
    13·1 answer
  • At an activity level of 8,500 machine-hours in a month, Falks Corporation’s total variable production engineering cost is $748,8
    14·1 answer
  • Proposed by Richard Hackman and Greg Oldham, ________ states that work has five core dimensions that impact employee satisfactio
    15·1 answer
  • After teaching a class on game theory. your instructor announces that if every student fails to post on the last discussion boar
    8·1 answer
  • On June 30, 2017, Prouty Co. had outstanding 9%, $5,000,000 face amount, 10-year bonds that pay interest semi-annually on June 3
    11·1 answer
  • Balance Sheet
    10·1 answer
  • Since 1950, the number of employees who work in the federal bureaucracy has ________ and the number of employees who work in bot
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!