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Pie
3 years ago
11

All of the following will cause a decline in a company’s gross profit EXCEPT A : selling products with a lower markup. B : clear

ance of discontinued inventory. C : increased competition resulting in a lower selling price. D : paying lower prices to its suppliers.
Business
1 answer:
NISA [10]3 years ago
8 0

Answer: Option D

                     

Explanation: In simple words, gross profit refers to the amount of revenue that the company is left with after deduction for the expenses that are incurred to make and sell that specific product.

The low pay to supplier means that the company will have a low cost to produce the product which will result in increase in gross profit.

Hence the correct option is D.

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Answer:

The correct answer is $56,000.

Explanation:

According to the scenario, the given data are as follows:

Average checks per day = $14,000

Days in clearing = 4 days

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So, we can calculate the company's float by using following formula:

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By putting the value in the formula, we get

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3 years ago
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Answer:

a. $2,020 Favorable

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= $49,086 ÷ $5,060

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= ($9.70 - $10.10) × 5,060

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= $2,024 Favorable

which is closest to $2,020 Favorable.

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3 years ago
The money multiplier process also works in reverse when a loan is repaid and the amount of money that is destroyed is equal to t
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3 years ago
Amendments involving changes to irb approved protocols do not need prior irb approval if:
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A good handler wants to use a thermometer to measure the air temperature inside of a cooler. To what temperature should the ther
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