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tresset_1 [31]
3 years ago
8

Use the following information to determine the Prior Year and Current Year trend percents for net sales using the Prior Year as

the base year. (Enter the answers in thousands of dollars.)
($ thousands) Current Year Prior Yea
Net sales $ 689,520 $ 338,000
Cost of goods sold 337,864 100,048

Business
1 answer:
Elis [28]3 years ago
4 0

Answer:

Current year = 204%

Prior year = 100%

Explanation:

Detailed solution is given below

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Assume the following sales data for a company: Year 2 $684,000 Year 1 $600,000 What is the percentage increase in sales from Yea
docker41 [41]

Answer:

The correct answer is 14%

Explanation

Year 1: $600,000

Year 2: $684,000

Year 2 ($684,000) - Year 1 (600,000) = $84.000

Method "Rule of three" or Cross multiplication

$600,000------100%

$84,000-------- ?

$84,000 x 100= 8,400,000 then you divide the answer into $600,000

8,400,000/600,000= 14%

3 0
3 years ago
How to write a reimbursement cheque in Quickbooks?
Aleks04 [339]

Answer:

Click the Employees tab.

Select the employee name.

In the Pay section, click Edit.

Under Additional pay, select the Reimbursement checkbox. ...

Click Edit and enter a recurring amount or give the pay type a unique name (optional).

Click Save.

Explanation:

Hope that helps!

8 0
3 years ago
Barnes manufactures a specialty food product that can currently be sold for $22 per unit and has 20,000 units on hand. Alternati
FromTheMoon [43]

Answer:

It is more convenient to continue processing.

Explanation:

Giving the following information:

Barnes manufactures a specialty food product that can currently be sold for $22 per unit and has 20,000 units on hand. Alternatively, it can be further processed for $12,000 and converted into 12,000 units of Exceptional and 6,000 units of Premium. The selling price of Exceptional and Premium are $30 and $20, respectively.

We don't have the information regarding the costs of processing further. Therefore, we will base our analysis in sales.

Sell now= 22*20,000= $440,000

Continue processing= 12,000*30 + 6,000*20= $480,000

It is more convenient to continue processing.

3 0
3 years ago
A plan to sell products or services to increase profits is a
ICE Princess25 [194]
Last one BC A Plan it can also coins as a idea before action or meeting
4 0
3 years ago
Dana writes a check to Becky on Dana’s account at Community Bank. The bank dishonors the check even though Dana has sufficient f
iren [92.7K]

Answer:

Dana

Explanation:

According to my research on different bank responsibilities, I can say that based on the information provided within the question the bank is completely liable to Dana. This is because the bank has a responsibility to Dana since she is the one who signed to open the account, which in term is her. They must now let her know why they dishonored the check and provide a solution.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

3 0
3 years ago
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