1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
faltersainse [42]
3 years ago
5

If 135 TV's are sold and cost $275 to produce and is priced at $250, what is the profit/loss?

Business
1 answer:
AleksandrR [38]3 years ago
6 0

Answer:

$25

Explanation:

The production cost is $275.

The selling price is $250

The loss/profit will be: Selling price minus cost price

=$250 - $275

=  -$25

A loss of $25.

If this is the cost for all the 135 TVs, then the loss is only $25.

N:B

If the costs are for one TV, then the loss will be $25 x 135=$3,375

You might be interested in
Many foragers like to get the "best bang for their buck", by focusing on resources (such as plant foods) that are easier to acqu
Sonbull [250]
Kool Aid
Its True
124567890
6 0
3 years ago
During the year, Bears Inc. recorded credit sales of $620,000. Before adjustments at year-end, Bears has accounts receivable of
AleksandrR [38]

Answer:

Bad Debt Expense Dr. $28050        

Allowance for Uncollectible accounts Cr. $28050

Explanation:

given data

credit sales = $620,000

accounts receivable = $320,000

past due = $55,000

credit balance = $2,600

rate = 7 %

rate = 22 %

solution

so here Not yet past due is = $320,000 - $55,000 -

Not yet past due = $265,000

and

past due = $55,000

so  Required provision is

Required provision = $265,000 × 7 % + $55,000 × 22 %

Required provision = $30650

and

Opening balance is $2,600

so

Required expense for year = $30650 - $2,600

Required expense for year  = $28050

so here

correct entry is

Bad Debt Expense Dr. $28050        

Allowance for Uncollectible accounts Cr. $28050

8 0
3 years ago
A company had total sales of $980,000, net sales of $955,800 and an average accounts receivable of $82,500. Its accounts receiva
Alenkinab [10]

Answer:

Accounts receivable turnover = 11.58

Explanation:

The total sales of the company = $980000

Net sales of the company = $955800

Average account receivable =  $82500

We have total sales, net sales, and average accounts receivable. Here, we are required to find the account turnover.

Use the below formula to find the account turnover:

Accounts receivable turnover = Net sales  / average accounts receivable

Now insert the values:

Accounts receivable turnover = 955800 / 82500 = 11.58

5 0
3 years ago
By going public, netflix encountered competition from the large, established firms wal-mart and blockbuster. What aspect of netf
jek_recluse [69]

The aspect of Netflix going public that lured the firms to the market would be that By going public, Netflix was required to disclose its financial position.

<h3>What does it mean to go public?</h3>

When it is said that a company has gone public, what this would mean is that the company has been able to undertake the initial public offering that it has and it has sold its shares to the public so that it can raise more capital.

Hence we cans ay that the aspect of Netflix going public that lured the firms to the market would be that By going public, Netflix was required to disclose its financial position.

Read more on going public here: brainly.com/question/4888786

#SPJ1

4 0
2 years ago
In his career explorations class, Navid took ------------ and he discovered that he is an outgoing person and truly enjoys being
Fantom [35]
A sounds correct........
7 0
3 years ago
Read 2 more answers
Other questions:
  • Does anyone know the group called BTS?
    12·2 answers
  • Which responsibility belongs to the marketing function
    9·1 answer
  • من الامثلة على الازمات المادية الملموسة في المنظمات​
    6·1 answer
  • As the amount of money supply increases inters rates which in turns causes spending to
    10·1 answer
  • Northern Trail Outfitters has released a Customer Service Community for its users and trekking equipment. Users can ask and answ
    11·1 answer
  • Ethan's Eggroll House, a calendar year corporation, purchased a new computer and printer in January for $1,500. In February, the
    9·1 answer
  • Heidi is an energy drink salesperson. When selling her firm's drinks in the United States, she emphasizes how they will give con
    15·1 answer
  • 100 PIONTS PLZ Answer
    11·1 answer
  • Someone you look up to? And why?
    6·2 answers
  • The middle sale when sales for a given period of time are arranged in order of their increasing value is the:__.
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!