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Kipish [7]
3 years ago
5

The difference between the cost of a product or service and the selling price of that product or service is called

Business
1 answer:
enot [183]3 years ago
8 0

Answer:

rate

Explanation:

it's called at rate

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Silway travels organizes tours to a number of cities in illinois. the manager of the company examines a spreadsheet which is an
Andrei [34K]

The answer to the blank space is data.

The contents of the spreadsheet are the annual record of airfares to different cities from Chicago. This is what we call data – which are facts or statistics collected together for reference or analysis. Since Silway Travels plans to use the annual record information to contrast airfares during peak and off-season, it is clear that the data in this case would be used for analysis.

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3 years ago
Is “AAMZON” a PRODUCT BASED or SERVICE BASED company
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Amazon is both. They sell products and services.

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3 years ago
Read 2 more answers
Concord has the following inventory information. July 1 Beginning Inventory 30 units at $15 $450 7 Purchases 90 units at $23 207
serg [7]

Answer:

COGS= $2,060

Explanation:

Giving the following information:

July 1: Beginning Inventory 30 units at $15 $450

July 7: Purchases 90 units at $23 2070

July 22: Purchases 10 units at $20 200

Ending inventory in units0 30 units

<u>First, we need to calculate the number of units sold:</u>

Units sold= total units - ending inventory in units

Units sold= 130 - 30

Units sold= 100

<u>Now, to calculate the cost of goods sold under the FIFO (first-in, first-out), we need to use the cost of the firsts units incorporated into inventory:</u>

COGS= 30*15 + 70*23

COGS= $2,060

4 0
3 years ago
A machine with a cost of $130,000, accumulated depreciation of $85,000, and current year depreciation expense of $17,000 is sold
MissTica

Answer:

Option E: $40,000 - Cash from sale of Machine

Explanation:

Cash flow from Investing activities section of the cash flow statement should include cash received on the sale of property, plant & equipment, cash paid to acquire property, plant & equipment, cash paid for investments in or as loans to other companies and dividends received from any investments.

In case of sale of a Machine, $40,000 received on sale should be reported as source of cash in the cash flows from investing activities section.

3 0
3 years ago
The purchase of one cup of coffee a day...
MrRissso [65]
Answer is c


Hope that helps
4 0
3 years ago
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