Answer:
Gross profit equals $420,000
Explanation:
To get gross profit , we only discount the cost of goods sold from the Total sales
Gross profit Formula= net sales – cost of goods sold
Gross profit =$800,000- $380,000
Gross profit =$420,000
We use sales returns and allowances, sales discounts and operating expenses to get net income.
Answer: The correct answer is "a. You may have to tell your accountant to conduct reconciliations to ensure that the rates in the system make sense when compared to actual rates.".
Explanation: Paul should surely recommend that your accountant verify the rates applied in the accounting system have reliability and are correctly related to the actual rates and if not, perform the necessary reconciliations.
Answer:
The answer is "Choice d"
Explanation:
The Advertising Mix is the integration of publicity, personal selling, advertising, and marketing. To maintain a sustainable mix of those promotional resources, advertisers need to look only at the following questions. It really is the company's promotional software. With the assistance of the marketing manager and a 3rd parties advertiser, they sell the offering.
Answer:
$4,760
Explanation:
The value a company will record for the dishwasher will be the amount that was used to purchase the dishwasher plus the associated cost of transporting and installing the dishwasher.
The price of the dishwasher to be used is the actual amount it was bought and not the fair value.
Amount recorded for dishwasher= Price + Transportation + Installation fees
Amount recorded for dishwasher= 4,200 + 330 + 230
Amount recorded for dishwasher= $4,760
Note the fee for illegal parking is not considered because it is not a direct cost related to purchase of the dishwasher
Answer:
Explanation:
X1 X2 Z
0 0 0
16 0 4,000
0 10 3,500
8 6 4,100
check the picture attached for more explanation
