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Mamont248 [21]
3 years ago
6

Advertising expense $ 31,900

Business
1 answer:
soldier1979 [14.2K]3 years ago
8 0

Answer:

The answer is attached for ready reference

Explanation:

synopsis of the income statement are;

Sales                                                $4,596,700

Cost of goods manufactured         ($1,970,700)

General & Administrative Expenses  ($153,600)

Selling Expenses                                 ($462,100)

Finished Goods-net impact                ($29,800)

Income Taxes                                      ($267,700)

Net profit                                             $1,712,800    

Download xlsx
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Benjamin Graham, the father of value investing, once said, "In the short run, the market is a voting machine, but in the long ru
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Answer:

1- a. A stock's intrinsic value is based on true investor return.

2- a. Most investors prefer companies that can rise prices beyond reasonable levels.

b. Successful companies can avoid raising external funds in the financial markets.

Explanation:

Intrinsic value of a company's stock is the real value of stock which is based on systematic factors affecting the company. The factors affecting the intrinsic value of company are usually internal factors. The performance of company management, employee satisfaction and its operational efficiencies are the factor which drive intrinsic value of a company.

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3 years ago
Leiff goes online to buy a new video game. He finds a site that currently has a promotion of 15% off on all orders over $50. Lei
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Answer:

d. $119.32

Explanation:

The computation of the total of leiff online purchase is shown below:

= Video game price - discount + sales tax + shipping fee

where,

Video game price is $128

The discount = Video game price × discount percentage

= $128 ×15%

= $19.2

The sales tax =  (Video game price - discount) × sales tax rate

= ($128 - $19.2) ×5.3%

= $5.77

And, the shipping fee is $4.75

Now put these values to the above formula  

So, the value would equal to

= $128 - $19.2 + $5.77 + $4.75

= $119.32

6 0
4 years ago
The performance of personal and business investments is measured as a percentage called "return on investment." What type of var
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Answer:

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Explanation:

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what are checkable deposits? multiple choice question. claims that depositors have against the assets of the bank claims that th
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Checkable deposit claims that depositors have against the assets of the bank. Thus, option 'A' is the correct option.

<h3>What are Checkable Deposits?</h3>

Any demand deposit account for which checks or drafts of any sort may be drawn is referred to as having checkable deposits in the technical sense. (The owner of a demand deposit account has the right to immediately, notice fewer withdrawals of funds.) The most liquid accounts available to consumers are checkable deposit accounts.

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Learn more about Checkable Deposits, here:

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1 year ago
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Answer:

The correct answer is option C.

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