What is gross profit? (Select the best answer.)

Business

1 answer:

BlackZzzverrR [31]4 years ago

6 0

The money left over the cost of making a product or providing a service

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Olegator [25]

A car repair service requires an outdoor space for the cars to drive into/be serviced. There is not a large indoor space required due to the fact that staff are mainly outside working on the cars. With an accounting firm, there is a significantly larger number of staff so a large indoor space is required. This an accounting firm requires a location that is larger and closer to the city so it is accessible to all staff. A car repair service can be located somewhere with outdoor space and generally isn’t located in the city

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4 years ago

If you add two more people to a project team of five, how many more communication channels will you add?

harkovskaia [24]

If you add two more people to a project team of five, 18 more communication channels will you add.

A communication channel is a medium between two people communicating. As people increases in communication, the number of channels increases. The increased channel creates more complexity in communications as people get more paths to communicate with each other. Hence, to calculate the number of communication channels, there is a formula derived:

Communication channels can be divided into three main channels: (1) verbal, (2) written, and (3) non-verbal. Each of these communication channels has different strengths and weaknesses, and often more than one channel can be used at once.

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1 year ago

At the beginning of the year, Uptown Athletic had an inventory of $640000. During the year, the company purchased goods costing

Nataly_w [17]

Answer:

Cost of Goods Sold = $1,700,000

Gross Proft = $1,740,000

Explanation:

We solve this assingemtn using the inventory identity: