All categories

3 years ago

Net sales is found by

1 answer:

4 0

Is there a list of answers to choose from like A B C D? I would assume it would be something like the total amount gained after all expenses are taken into account. Example: After cost of the item that the store purchased it at, labor, electricity, etc. At least that's how we figured it out when I used to work fast food. Hope this helps.

You might be interested in

Establishing an online professional network is an important tool for locating career opportunities in the twenty-first century.

sladkih [1.3K]

Answer:

I say your answer option is true. I'm so sorry if my answer ends up being wrong. I tired my best

7 0

4 years ago

Kayleigh is looking over a number of material requisition slips from her employees. She has to sign off on each request after re

dedylja [7]

Answer:

B. No, approval by an individual other than the requestor establishes greater accountability over inventory.

Explanation:

This step is required as it will ensure control over inventory usage.

3 0

4 years ago

What are the relationship between household and commercial bank

Sindrei [870]

Does this help?

All commercial banks must keep an account with the Central Bank. These balances are used for cheque clearing purposes between banks. Payments for cheques between banks are set off at the Central Bank’s clearing house. The Central Bank can also demand commercial banks to deposit a certain percentage of their total deposits with the central bank in order to control the money supply.

The Central Bank is a lender of last resort and will aid commercial banks when needed. The Central Bank dictates the interest rate that commercial banks can offer by setting the bank rate. This is the interest rate set by the Central Bank and the rate at which commercial banks and the Central Bank do business, e.g. loans offered by the Central Bank to commercial bank.

6 0

3 years ago

Leigh Delight Candy, Inc. is choosing between two bonds in which to invest their cash. One is being offered from Hershey's and w

Firlakuza [10]

Answer:

Hersey's bond = $1125.513

Mars bond = $1172.259

Explanation:

Hersey bond;

Period(t) = 10years = 40(quartely)

Coupon (C) = $30

Rate (r) = 0.1 = 0.025(quarterly)

Pay at maturity(p) = $1000

Using the both present value (PV) and compound interest formula ;

PV =[ C × (1 - (1+r)^-t) ÷ r] + [p ÷ (1 + r)^t]

PV = [30×(1-(1.025)^-40)÷0.025] + [1000÷(1.025)^40]

PV =( 753.083251562) + (372.4306236)

PV = $1125.513

Mars bond;

Period(t) = 20years = 80(quartely)

Coupon (C) = $30

Rate (r) = 0.1 = 0.025(quarterly)

Pay at maturity(p) = $1000

PV =[ C × (1 - (1+r)^-t) ÷ r] + [p ÷ (1 + r)^t]

PV = [30×(1-(1.025)^-80)÷0.025] + [1000÷(1.025)^80]

PV =(1033.55451663) + (138.704569467)

PV = $1172.259

5 0

3 years ago

For the just completed year, Hanna Company had net income of $101,500. Balances in the company's current asset and current liabi

Licemer1 [7]

Answer:

Hanna Company's Net cash flow from operating activities is $35,000

Explanation:

Net Income for the year $101,500

Adjustment of Non Cash Expenses:

Depreciation $54,000

Decrease in Prepaid Expenses $1,500

Decrease in Accrued Liabilities $(3,000)

Increase in Tax Payable $9,000

Operating profit before working capital changes $163,000

Working Capital Changes:

Increase in Inventory $(102,000)

Decrease in Accounts Receivables $18,000

Decrease in Accounts Payable $(44,000)

Net cash from operating activities $35,000

Please note that figures in brackets represent Cash Outflows (negative values)

5 0

3 years ago