Answer:
The correct option is C,net sales equal $343,630 and gross profit is $127,140
Explanation:
The net sales is the sales revenue minus sales returns and allowances as well as sales discount,hence net sales is computed thus:
Sales revenue $367,810
Sales returns and allowances ($10,000)
Sales discounts ($14,180)
Net sales $343,630
The gross profit is net sales of $343,630 less costs of goods sold of $216,490
Net sales $343.630
Cost of goods sold ($216,490)
Gross profit $127,140
Hence option C is the correct answer
Answer:
Net Increase in profit is $27,000
Explanation:
* The data was missing in this question, a similar question is attached with the answer, and answer is made accordingly. Please find it.
Sales ( $350,000 x 120% ) = $420,000
- Variable cost ( 40% ) = $168,000
- Traceable fixed cost( 175000+15000) = <u>$190,000</u>
Net Profit = $62,000
Net Increase in Net Income = $62,000 - ( 350,000 - (350,000 x 40%) - 175,000 ) = 27,000
Answer:
Option B.
Explanation:
Basic accounting equation is
Assets = Liabilities + Equity
where,
Equity = Capital + Retained earnings
Retained earnings = Revenue - Expenses - Dividend
On combining these formula, we get
Assets = Liabilities + Capital + Revenue - Expenses - Dividend
It can be rewritten as
Assets + Dividend + Expenses = Liabilities + Capital + Revenue
Assets + Dividends + Expenses = Liabilities + Common stock + Retained Earnings + Revenues
Therefore, the correct option is B.
Answer:
internal rate of return -16.17%
Explanation:
The internal rate of return is negative because the investment didn't receive dividends for two years. It means that the stock lost value. How much? 16.17% of its value in two years.
<h2>
34 * (1 - 16,17%) = 28.5 </h2>
Answer:
True
Explanation:
The term business operating system (BOS) refers the to standard, enterprise-wide collection of business processes that are used in many diversified industrial companies.
It refers to a collection of the business processes that can be used to boost the efficiency of each function of the business. It includes the fundamental framework, policies and routines which are needed to operate and grow a business.
It has been adopted by companies like; The Lego Group, Toyota Motor Corporation and The Boeing Company.
