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hram777 [196]
4 years ago
14

Gross profit is calculated as the difference between net sales revenue and​ ________.

Business
1 answer:
Darya [45]4 years ago
6 0
Gross profit is calculated as the difference between net sales revenue and​ ________. <span><span> Ask for details </span><span> Follow </span><span> Report </span></span> <span> by Ja7danie0laas Yesterday </span>
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On september 12, vander company sold merchandise in the amount of $5,800 to jepson company, with credit terms of 2/10, n/30. the
kirill115 [55]
Dang I used to know this but I completely forgot I will try to answer if it comes back to me
7 0
3 years ago
Read 2 more answers
Jack owns a local trucking company. With fuel costs being expensive, Jack wants to evaluate how much fuel, on average, he should
Tcecarenko [31]

Answer:

C. ≈2,413 gallons

Explanation:

For computing the average inventory, first we have to determine the economic order quantity which is shown below:

=\sqrt{\frac{2\times \text{Annual demand}\times \text{Ordering cost}}{\text{Carrying cost}}}

= \sqrt{\frac{2\times \text{90,000}\times \text{\$120}}{\text{\$0.927}}}

= 4,827.1079 gallons

The carrying cost is

= Price of fuel × holding cost per unit

= $3.09 × 30%

= $0.927

Now the average inventory of fuel is

= Economic order quantity ÷ 2

= 4,827.1079 gallons ÷ 2

= 2,413 gallons

3 0
3 years ago
Bank A has checkable deposits of $10 million and total reserves of $1 million. The required reserve ratio is 9 percent. The bank
Vadim26 [7]

Answer:

The bank has excess reserves of $100,000.

Explanation:

The deposits here are $10 million.

The required reserve ratio is 9%.

The required reserve will be,

=reserve ratio*total deposits

=9/100*$10,000,000

=$900,000

Here, the required reserve is $900,000.

So, the excess reserve will be,

=total reserve - required reserve

=$(1,000,000-900,000)

=$100,000

3 0
4 years ago
For the underwriting of a municipal bond issue, competitive bids are submitted by underwriters as A) a best efforts underwriting
makkiz [27]
B a standby underwriting commitment.
3 0
3 years ago
A Michigan State University student spends his summer months in his hometown, where he works for a local microbrewery during the
elena55 [62]

Answer:

Expectancy theory

Explanation:

According to my research on studies conducted by various behaviorists, I can say that based on the information provided within the question the theory that best explains this is Expectancy theory. This is because this theory states that an individual will choose a certain behavior over other behaviors because he/she expects a certain result from the behavior that is selected.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

3 0
4 years ago
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