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3 years ago

Eric Company has the following information:

Business

1 answer:

Pani-rosa [81]3 years ago

6 0

Answer:

The amount of net revenues for Eric Company is 780,000

Explanation:

Net revenue is the sales (or total revenue) of a company from which returns, discounts, and other items are subtracted from.

Net revenue is calculated by following formula:

Net Revenue = Gross Revenue – Directly Related Selling Expenses (These are: Sales Returns, Sales Discounts....)

Eric Company has the data: Total Revenues 860,000 , Sales Returns and Allowances 50,000 , Sales Discounts 30,000

Net revenues for Eric Company = 860,000 - (50,000 + 30,000) = 860,000 - 80,000 = 780,000

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Answer:

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Wee have given pension plan assets = $200 million

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3 years ago

"Consider the following data: Cost of goods sold $70 Direct labor $20 Direct materials used $15 Cost of goods manufactured $80 W

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Answer:

Schedule of cost of goods manufactured & Sold

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3 years ago

Select the correct answer.

pshichka [43]

Answer:

Choice d is my answer

Explanation:

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3 years ago

Jennifer is excited to be retiring after 35 years of service as a high school English teacher. Over the past 35 years, Jennifer'

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Explanation:

Given that,

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= $\frac{11,106.06}{12}$

= $925.505

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3 years ago