The net sales of the given set of data is:
<h3>What is Net Sales?</h3>
This refers to the addition of a company's gross sales minus the expenses which includes returns, allowances, etc.
The Gross Sales:
Sales revenue: $200,000
Cost of goods sold: $120,000
Total = $200,000 - $120,000
=$80,000
Expenses:
Sales allowances and discounts: $5,000
Sales discounts: $3,000
Total= $5,000 + $3,000
= $8,000
Therefore, net sales = Gross Sales – Returns – Allowances – Discounts
$80,000- $8,000
=$72,000
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Answder:
The answer is 4. it works to educate consumers about their rights.
Explanation:
Bureau of consumer protection educates the consumers about their rights and responsibilities. Also, it educates customers on the health and safety standards that every business smust adhere to.
This greatly increases the chances of consumers to not fall into malpractices of certain businesses.
Answer:
B. 185.000
Explanation:
Fisrt. The forecast of the account begins with a balance of 65,000, during the year 195,000 were paid, this means that an expense of 130,000 is recorded, (195,000 - 65,000, since the expense of 65,000 was previously recorded)
Second. If at the end of the year a provision of 55,000 is determined, on the other hand the expense must be recorded for the same amount.
Then 130,000 of expenses plus the forecast of 55,000 = 185,000
Answer:
Option D is correct.
All of the above.
Explanation:
In the government sector, there is:
a. nothing comparable to profit and loss that will weed out inefficient activities.
b. nothing comparable to bankruptcy that will bring inefficient programs to a halt.
c. a strong incentive for managers of government agencies and enterprises to expand the size of their government funding.
