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Nataliya [291]
3 years ago
5

Cushman Company had $800,000 in sales, sales discounts of $12,000, sales returns and allowances of $18,000, cost of goods sold o

f $380,000, and $275,000 in operating expenses. Gross profit equals?
Business
1 answer:
patriot [66]3 years ago
5 0

Answer:

Gross profit equals $420,000

Explanation:

To get gross profit , we only discount the cost of goods sold from the Total sales

Gross profit Formula= net sales – cost of goods sold

Gross profit =$800,000- $380,000

Gross profit =$420,000

We use sales returns and allowances, sales discounts and operating expenses to get net income.

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What element of a crisis management plan defines the process that should unfold once an issue or crisis is identified
MrRa [10]

The decision tree is the element of a crisis management plan.

<h3>What is the decision tree?</h3>

The component of a crisis management strategy called the Decision Tree outlines the steps that should be taken once a problem or crisis has been discovered.

The Decision Tree also specifies which team members should be involved, when publishing activities should be paused, and who will determine when a crisis is finished and regular social media operations can resume.

These trees are very useful for assessing numerical data and coming to a numerically-based judgment.

Learn more about the decision tree here:

brainly.com/question/12975851

#SPJ4

6 0
2 years ago
Why is compound interest preferable to simple interest?
TiliK225 [7]

Answer:

Compound interest pays interest on the principal and the interest

Explanation:

Compound interest is preferred because it calculates interest on the principal amount and the accrued interest. In compounding interest, the interest earned in the period is added to the principal to become the new principal amount. Interest earned at the end of every year will higher than the previous period as the principal amount increases at the beginning of a period.  

Interest earned by the compound interest method grows much faster compared to the fixed-rate interest method. Investors wishing to have better returns from their savings will prefer the compound interest method.

3 0
4 years ago
Sales for a _________ product begin immediately after introduction because the benefits of purchase are readily understood by co
algol [13]

Answer:

low-learning

Explanation:

Low Learning product is the product whose sales immediately begin because a little learning of the product is required by consumer and the benefits from the product are readily tangible.

Their sales begin quickly due to simplicity of product. This simplicity of product allows the consumers to understand product almost right away.

Example of low-learning product which has been successful is the Red Bull Drink. Consumers understand the need of the drink and is purchased in huge amounts.

6 0
3 years ago
Which of the following best describes why the aggregate demand curve is downward sloping?
BlackZzzverrR [31]

Answer: c. An increase in the aggregate price level causes consumer and investment spending to fall because consumer purchasing power decreases and money demand increases.

Explanation:

The Aggregate Demand (AD) curve is used to measure the impact that price level has on the expenditure in the economy.

The AD comprises of Investment, Consumption Spending, Government spending and Net Income.

When prices are high, households will spend less as they cannot afford to spend a lot which will reduce consumption spending.

Another result of a high price level is that people will have less money to save and so there will be a lower supply of loanable funds.

Both of these components of the AD reduce when prices increase and vice versa. This is why the AD is downward slopping.

3 0
3 years ago
The free cash flow hypothesis supports A. decreasing stockholder dividends to retain more cash within the firm. B. reducing a fi
Luden [163]

Answer:

The correct answer is C

Explanation:

Free cash flow hypothesis is the one which is defined as the increase in the cash flow, which the agency costs of the firms or business with the opportunities of the poor investment. The management which exhausted the positive projects of NPV (Net Present Value), it proceeds in order to invest in negative NPV projects instead paying out the funds to the shareholders.

So, this hypothesis supports, in increasing or rising the portion of debt of the capital structure of the firm so that could increase the value of the firm.

5 0
3 years ago
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