1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
german
3 years ago
6

Jack Corporation uses horizontal analysis to compare its income statement from year to year. Jack Corporation reported the follo

wing data last year as well as the percent change when compared to the current year:
Total Last Year % Change in Current Year
Sales Revenue $600,000 7.00%
Cost of Goods Sold $180,000 1.00%
Gross Profit $420,000

What is the Cost of Goods Sold in the current year?

A. $657,600
B. $560,748
C. $642,000
D. $42,000
Business
1 answer:
fredd [130]3 years ago
6 0

Answer:

Current year cost of goods sold is $181,800.

Explanation:

The current year cost of goods sold is calculated as follows:

Current year cost of goods sold = Last year cost of goods sold + Current year change

= $180,000 + ($180,000 * 1%)

= $180,000 + $1,800

= $181,800

Therefore, current year cost of goods sold is $181,800.

You might be interested in
People are going to be different. The focus of managers should be to ________. Group of answer choices make sure the practices w
Solnce55 [7]

Answer:

find ways to develop strong relationships with and engage the entire workforce.

Explanation:

People are going to be different. The focus of managers should be to find ways to develop strong relationships with and engage the entire workforce.

A manager can be defined as an individual who is saddled with the responsibility of providing guidance, support, supervision, administrative control, as well as acting as a role model or example to the employees working in an organization by being morally upright.

Generally, managers are typically involved in taking up leadership roles and as such are expected to be build a strong relationship between their employees or subordinates by creating a fair ground for effective communication and sharing of resources and information. Also, they are required to engage their staff members (entire workforce) in the most efficient and effective manner.

5 0
3 years ago
The process of gathering information and deciding who should be hired, under legal guidelines, in the best interest of the organ
RoseWind [281]

Answer is process of selection.

The selection process is the process of identifying and shortlisting the best candidates with the necessary qualifications and the skill set to fill unfilled jobs in a company. The selection procedure varies by industry, firm, and even across divisions within the same organization.

Every firm builds its selection process with the urgency of employing individuals and the requirements for the job vacancy in mind. Preliminary interview, screening of applicants, employment tests, selection interview, validations and recommendations, medical exam, and ultimate decision are the stages required in the selection process.

Therefore, the answer is selection process.

To know more about selection process click here:

brainly.com/question/17174893

#SPj4

6 0
2 years ago
If person A and B are well informed and intelligent player, A have available choices :
AfilCa [17]
Idisksjsisisiisisososk sjsjskdjdjjsjssjbsjsjsjs sjsu’s
5 0
3 years ago
The local bank just invested a lot of money into hiring a professional decorator to redo the lobby area to make it more inviting
Digiron [165]
I feel like the answer is D
5 0
3 years ago
Parents can reduce their taxes by:
shusha [124]

Parents can reduce their taxes by using a child care tax credit. The government gives parents tax credit for each child that they have. Unlike tax deduction and exemption, tax credit can be able to reduce more in the parents’ tax bill. Tax deduction just tries to lower the taxable income and not a reduction in other areas. 

8 0
3 years ago
Read 2 more answers
Other questions:
  • A professor hypothesizes that there will be a relationship between couples' listening skills and length of marriage. she has a _
    13·1 answer
  • On January 1, Butte Company's valuation allowance for trading investments account has a debit balance of $23,200. On December 31
    8·1 answer
  • Dr. wahls explains at great length the importance of diet to mitochondrial function, but if you had to simplify her message to f
    9·1 answer
  • W gave w's age as 50 when w purchased a life policy. at the time of w's death seven years later, the company discovered w's true
    8·1 answer
  • You are in charge of your country's currency, which is backed by a gold standard. Unfortunately, gold production is dropping sha
    14·1 answer
  • Cumberland Enterprises makes a variety of products that it sells to other businesses. The company’s activity-based costing syste
    8·1 answer
  • Keynesian theory is based on the concept that saving and consumption are influenced primarily by real current disposable income.
    6·1 answer
  • Refer to the accompanying data, which is for a specific year in a hypothetical economy for which Okun's law is applicable. The a
    5·1 answer
  • Please help me I need this point
    7·1 answer
  • Boston consulting group (bgg) believes that the use of advanced robotics in manufacturing will?
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!