Answer:
condenced income statement
net sales 4699520
cost of sales (3097360)
opening stock 599200
purchase 3120320
returns ( 16800 )
frieght in 80640
closing stock (686000)
gross profit 1602160
other incomes 299040
purchase discount 30240
rent income 268800
expenses (1092448
)
office salary 387520
sales salary 31808
sales discount 38080
commission 92960
selling costs 77280
telephone costs 19040
accounting service 36960
utility costs 35840
insurance 26880
mascellaneous 8960
advertising 60480
delivery costs 104160
casuality loss 78400
depreciation-office 53760
depreciation-sales 40320
operating profit 808752
interest expense 197120 ( 197120
)
profit before tax 611632
tax expense (122326.4)
profit after tax <u>489305.6</u>
Explanation:
To get the net sales we take sales and minus sales return. The unearned sales are not to be recorded until they are earned and its performance obligation is satisfied. The balance sheet items such as common stock, cash do not belong in the statement of comprehensive incomes. T o calculate tax expense we take profit before tax and multiply by the tax rate.
Alberto determined one of the metrics he would use to gauge the level of exposure his marketing message had with his target market was the number of times the target was exposed to his message throughout the six weeks of the campaign, representing its "frequency" is represented by this.
<h3>What is the market frequency?</h3>
- The likelihood that a particular consumer will see an advertisement during a marketing campaign is known as frequency.
- A person is more likely to engage with the advertisement in a meaningful way and to interact with your business on a number of different levels if they are exposed to it more frequently.
<h3>What is Marketing?</h3>
- Marketing describes the actions a business does to encourage the purchase or sale of a good or service.
- Advertising, selling, and delivering goods to customers or other firms are all included in marketing.
- Affiliates perform some marketing on behalf of a business.
Learn more about market frequency here:
brainly.com/question/15591335
#SPJ4
Answer:
The cash paid on May 8 is: $5,880
Explanation:
Credit terms of 2/10, net 30 means that 2% discount for the payment within 10 days and the full amount to be paid within 30 days.
The company purchased $6,500 of merchandise on May 1. On May 6, it returned $500 of that merchandise.
The balance owed for merchandise = $6,500 - $500 = $6,000
On May 8, it paid the balance owed for merchandise, taking any discount it is entitled to.
The company took the appropriate discount:
2% x $6,000 = $120
The cash paid = $6,000 - $120 = $5,880
Answer:
True
Explanation:
The actual amount of the decrease in foreign investment is less than 100% therefore, if foreign investment fell by 100%, it would be cut in half. Apparently, a decrease of 200% means that it would be totally eliminated, and a decrease of more than 200% is impossible.The the statement does not mention the initial amount of foreign investment.
Answer:
C. households, firms, and the government.
Explanation:
In the actual economy, goods and services are purchased by households, firms, and the government.
