Answer:
$67,600
Explanation:
income from operations = gross profit - operating expenses.
In this case, the income from operations = EBIT, it is not always that way because EBIT includes non-operating income, but in this case this doesn't exist.
Sales Revenue 320,000
- Sales Discounts 9,400
<u>- Sales Returns & Allowances 43,000 </u>
Net sales = 267,600
<u>- Cost of Goods Sold 153,000 </u>
gross profit = 114,600
- Advertising Expense 20,000
- Delivery Expense 7,600
- Insurance Expense 1,000
<u>- Rent Expense 18,400 </u>
income from operations = 67,600
Answer:
I do not know but I hope you can send some poimnts for my chem assignment!!
Explanation:
Answer:
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83.333%
or 5/6 in a calculator. Please give me Brainliest answer. Thank you a bunch.
Different factors contribute to commerce including the export and import of a country, their ease of doing business and their own situation in the market.
Explanation:
The factors that affect commerce are the ones that dictate the face of a given market. if the market is considered easy to trade in then the commerce is supposed to be easy and smooth flowing
This is hampered by laws and the import and export tariffs of a country. The more inviting these are the more commerce happens in a place.
It also depends on how many businesses are able to function in the setup and the more businesses there are the more commerce happens in the end.
