I would say to try and keep all A's until you are finished with school\
Answer:
$100,000
Explanation:
The computation of gross profit is shown below:-
Gross profit = (Sales revenue - Sales return - Sales discount) - Cost of goods sold
= ($350,000 - $50,000 - $20,000) - $180,000
= $280,000 - $180,000
= $100,000
Therefore we simply applied the above formula for determining the gross profit
Answer:
A. $1,517,648 thousand
Explanation:
The computation of the cost of goods sold using the FIFO method is shown below:
= Cost of goods sold under LIFO - (Ending LIFO reserves - Beginning LIFO reserves)
= $1,517,397 - ($4,345 - $4,094)
= $1,517,648
We simply applied the above formula so that the cost of goods sold using the FIFO method could come
All other information i.e given is not relevant. Hence, ignored it
Answer:
The correct answer is "evoked set"
Explanation:
An evoked set is a term that refers to the capacity of a customer to choose a specific brand because the customer reminds a product of a previous marketing campaign that takes effect on him.
The essence of marketing campaigns is to establish their business brand firmly on the market.
Example: When a person purchases a specif brand because it appeared on the tv, radio, newspaper... Sometimes the customer doesn't know why he chose this brand, just know that he likes it. (Probably for a marketing campaign)
Answer:
Option D is correct.
Explanation:
Both company will have same Equity multiplier as total assets and equity are same of both companies. So Option A and B is incorrect.
Option C is also incorrect because there is no difference between the sales and total assets of both companies.
Option D is correct because the return on equity of the company LD is higher as the Net profit which is profit after interest and tax is higher than the profit after interest and tax of the company HD.
ROE = PAIT / Equity
Option E is wrong because when we say ROA is same this means that the operating income is same.
ROA = Operating profit / Total assets
Remember that the operating profit is earnings before interest and tax.
