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Kazeer [188]
4 years ago
13

Miller Company has the following account balances, extracted from its multiple-step income statement for the current year.

Business
1 answer:
Maksim231197 [3]4 years ago
4 0

Answer:

Net Sales = $100,100

Sales Return and allowances = $4,500

Net income = $33,700

Explanation:

Cost of goods sold 48,200

Gross Profit 51,900

Net Sales 100100

Sales Return and allowances = Sales - Net sales- Sales discounts = 107800-100100-3200 = 4500

Selling Expenses = Total operating expenses - General and Administrative Expenses = 18200 - 10400 = 7800

Net income = Gross profit - Total operating expenses

=51900-18200

= 33700

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Shoe Barn Inc. is a privately owned firm with few investors. Investors forecast their earnings per share (EPS) to reach $2 this
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Answer:

$24

Explanation:

Calculation to determine What will the estimated intrinsic value of the Shoe Barn Inc.'s stock

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Estimated intrinsic value = Earnings * P/E Ratio for the industry

Where,

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A public service announcement (PSA) for the Partnership for a Drug Free America is aired on three major television networks for
bekas [8.4K]

Answer:

The correct answer is True.

Explanation:

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3 years ago
What are some ways to protect intellectual property
VikaD [51]
Patent, copyright are two.
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3 years ago
An investment has the following characteristics:ATIRRP: After-tax IRR on total investment in the property: 9.0%BTIRRE: Before-ta
Strike441 [17]

Answer:

Option (A) is correct.

Explanation:

Given that,

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t: Marginal tax rate = 0.40

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= 9% ÷ (1 - 0.40)    

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3 years ago
MARKING BRAINLIEST IF RIGHT, NO ABSURD ANSWERS!
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Answer:

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5 0
3 years ago
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