<h2><em><u>Answer:</u></em></h2><h2><em><u>Answer:Gross profit is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Gross profit will appear on a company's income statement and can be calculated by subtracting the cost of goods sold (COGS) from revenue (sales)</u></em></h2>
Answer:
Emily has a basis of $60,000 in the shares of Red Corporation.
Explanation:
Emily's basis for Red Corporation's stock = real estate ($40,000) + service ($20,000) = $60,000
Sarah's basis for Red Corporation's stock = computers ($80,000) = $80,000
Even though both Emily and Sarah received 600 shares each, the basis for her tax calculations are different.
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Explanation:
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Answer:
$2.00
Explanation:
Since there was an increase of 30% from 2009, Allen Lumber Company's earnings after taxes for 2010 were:
The total number of shares in 2010 was:
Earnings per share for 2010 are determined by dividing total earnings by the number of shares:
Earnings per share for the year 2010 were $2.00.
Answer:
I'm spending WAY too much money on my favorite snack which are purple Doritos. / The Dorito company is having a huge shortage of my favorite snack which are the purple Doritos and I don't know what to do!
Explanation:
Remember what economics is when you are asked this question. Economics basically are along the lines of distribution and consumption of goods could mean internationally or it could just mean in your state. If you have a favorite snack that you like to buy from stores whenever you go to them, you buying and taking that snack is basic economics, you have a demand for that product because you like it so much, and they (owners of the snack) have a supply of that demand so you then spend money (currency) in order to get that demand or snack which is basic economics. A problem in this scenario would be you spending too much money on your favorite snack, or the supplier of that snack is having a shortage and you can't buy your favorite snack as much as you want.
Hope this helps.
