Answer:
Gross profit margin = 33.7%
Operating expenses = $184,300
Explanation:
The gross margin is the percentage of sales value is earned as gross profit.
Gross profit = Sales - cost of goods sold
=847,000 -561,500 =$285,500
<em>Gross profit margin = (Sales - cost of goods sold)/sales × 100</em>
= (847,000 -561,500/847,000) × 100
= 33.7%
<em>Operating expenses represent the amount of indirect cost expenditures which cannot be traced to the cost of the goods sold . This include administrative expenses like rent, insurance e.t.c</em>
<em>Operating expense = Gross profit - Net income</em>
= (847,000 -561,500) - 101,200
= 184,300
Answer and Explanation:
1. Interest Revenue $23,000
Sales Revenue $510,000
To Income Summary $533000
(Being closing of revenues accounts are closed)
2. Income Summary $453,000
To Sales returns $20,000
To Sales Discounts $7,000
To Cost Of goods sold $310,000
To Freight out $2,000
To Advertise Exp $15,000
To Interest Exp $19,000
To Salaries & Wages $55,000
To Utility $18,000
To Depreciation $7,000
(Being closing of expenses accounts are closed)
3. Income Summary $80,000
To Retained Earning $80,000
(Being profit is recorded)
4. Retained Earning $30,000
To Dividends $30,000
(Being closing of dividend is recorded)
Ideally, the Behavior Analyst should leave the business card, the name of the individual to be served, and the name of the service that will be provided. In this case, option B is the correct answer.
We can arrive at this answer because:
- The Behavior Analyst needs to show that he tried to contact the customer and show that he is interested in contacting him again.
- For this reason, he shows that the customer can get in touch with him, leaving the business card, with the contact forms.
- To make this contact more professional and thus increase the credibility of the service, the Behavior Analyst leaves the name of the person to be served and the service that will be provided.
This type of behavior shows commitment to customer service, which gives the Behavior Analyst credibility and increases the chances of a contract.
More information:
brainly.com/question/14343395?referrer=searchResults
