Answer:
COGS= $130,000
Explanation:
Giving the following information:
A retail operation has an average gross margin of 35%.
Sales= $200,000.00
<u>To calculate the cost of goods sold, we need to use the following formula:</u>
Gross margin= sales - COGS
COGS= sales - gross margin
COGS= 200,000 - (200,000*0.35)
COGS= $130,000
Answer:
d. ethnographic research
Explanation:
Ethnographic research -
It is a type of research method , where the people tries to interact with the people in real life , in order to get the best and most pure information regarding the research topic , is referred to as ethnographic research .
The method is very effective and efficient to attain knowledge for the research topic .
Hence , from the given scenario of the question ,
The correct option is d. ethnographic research .
Answer:
c)Short term capital gain.
Explanation:
Since in the question it is mentioned that the land is purchased by Sol as on Feb 12,2018 for $85,000 and the land was sold by Sol as on Jan 31, 2019 for $90,000 in cash
So as we can see the difference in the purchase date and sale date would be less than one year and the transactions related to the capital assets would be termed as capital gain
Since it is less than one year so it is a short term capital gain
Hence, the correct option is c.
Answer:
because America coins and Canada coins is same
Explanation:
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