I think it is either C or D. I'm not sure which one though. Hope this helped, have a great day! :D
Blog Inc., has net sales of $50,000, cost of goods sold of $30,000, and selling expenses of $5,000. Its gross profit is $20,000.
<h3>What is gross profit?</h3>
Gross profit is the profit of a company or an entity after subtracting all the costs that are related to manufacturing and selling its products or services.
Explanation:- Gross Profit = (Net Sales – Cost of Goods Sold)
= ($50,000- $30,000)
= $20,000
Hence, the gross profit of the Blog Inc., would be $20,000.
Learn more about the gross profit here:-
brainly.com/question/18567528
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Answer:
The excess of budgeted or actual sales over the break-even volume of sales.
Explanation:
The margin of safety is a measure in the break-even analysis that calculates either in units or amount terms the safe region for a business over break even point where there is no profit or no loss. This tells us how much the sales can fall before the company reaches break even.
For example, A company has 10000 units of budgeted sale while its break even point is at 8000 units. Thus, the margin of safety for such a company would be,
- 10000 - 8000 = 2000 units
This means that the company is selling 2000 units in excess of its break-even quantity and that the sales can fall by 2000 units before the company reaches a point where it is earning no profit or no loss(break even).
Answer:
5.84
Explanation:
The formula for inventory turnover is
= Cost of goods sold / Inventory
However, we need to calculate first sales, using PDP equation, which is given as;
PDP = Receivables / [ Cost of goods sold / 365 ],
Alternatively,
Cost of goods sold =
365 [Payables] / DSO
Where ;
Payable = $100m
DSO = 50 days
Inventory = $125m
= (365 * $100) / 50
= $730m
Recall inventory turnover = Cost of goods sold / Inventory
= $730m / $125m
= 5.84