What steps should e taken if the results do not support the hypothesis?

Will give brainliest

erica [24]

Explanation:

To describe about the types of discount, let us understand the purpose of discount.

Discount can occur in any "distribution channel". This can,

To attract, retain and get customers
short term sales
to move-out-of-stock etc.

Types of discounts:

You can call in simple,

1. Trade discount 2. Quantity discount 3. Cash discount

I am giving you detail discounts down.

Dealing with trade
Discount card
Coupons
Dealing with quantity
Trade-in credit
Rebate

5 0

3 years ago

Matching is:________.

Kay [80]

Answer:

A. It is a valuation method.

Explanation:

The matching principle is used to assign same costs with the same revenues. For example the inventory bought to make the product would be assigned like wise to assure the guideline of matching principle.

It is a valuation method.

It is used to evaluate the accounting procedures.

For example let us assume that we are selling candies. But the advertisement is run once the candies have been manufactured and sealed. So the matching principle states that the advertisement expenses to be included in the income statement having the corresponding stock of candies manufactured and sold.

5 0

3 years ago

Gable Inc. is a provider of home furnishings. The company uses the FIFO inventory method. The following information was taken fr

Alexus [3.1K]

Answer:

a. LIFO is the last method of accounting for inventory by recording the most recently produced or purchases item as the item sold first . If there is an increase in the cost of the item , this would mean higher cost of goods as you would have to record the item with the higher cost as the sold item

b. 1. Income before taxes = 110,000

2. Income tax expense = 44,000

3. Net income = 66,000

4. Net cash provided by operating activities = 116,750

Explanation:

Cost of goods sold with FIFO = $1,850,000

Cost of goods sold with LIFO = $1,865,000

Extra cost using LIFO= 1,865,000 - 1,850,000 - 15,000

Income before taxes using LIFO = 125,000(FIFO amount)- 15,000 = 110,000

Income tax expense = 40% X 110,000 = 44,000

Net income = 110,000 - 44,000 = 66,000

Net cash provided by operating activities = 123,250(fifo amount ) - 15000(extra cost of goods) + 8,500 (tax savings) = 116,750

3 0

3 years ago

greene co. has pretax book income for the year ended december 31, 2019 in the amount of 265000 and has a tax rate of 30%. Deprec

Gennadij [26K]

Answer:

Pre-tax book income $265,000

Less depreciation additional charge $14,500

Taxable income $250,500

Tax liability at 30% = $75,150

8 0

3 years ago

Sam Peters is the sole proprietor of Charismatic Cats, a business specializing in the sale of high-end pet gifts and accessori

deff fn [24]

Answer:

Charismatic Cat's Income Statement for the recent year:

Sales $1,060,000

Less Cost of Sales: $662,200

Gross Profit = $397,800

Less Selling & Administration - $114,700

Net Income - $283,100

Explanation:

a) cost of goods sold includes opening inventory plus purchases, including freight-in, less closing inventory:

Beginning Inventory - $19,800

Purchases - $636,000

Freight-in - $19,500

Less Closing Inventory - $13,100

b) Selling and Administration expenses include the cost of website maintenance, cost of shipping and wrapping boxes, and marketing.

c) Cost of goods sold is deducted from the sales to arrive at the gross profit, which compares the sales income with the sales cost.

d) Net income is a sum of gross profit less all the marketing, selling, and administration expenses incurred in running the business. This figure represents the gain made from being in business.

Administration - Website maintenance - $53,000

Selling Expenses - $61,700 (marketing - $33,200 + Wrapping box & shipping- $28,500)

3 0

4 years ago