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Sav [38]
3 years ago
8

What is the term applied to the amount that net sales exceeds cost of goods sold on an income statement?

Business
1 answer:
Oxana [17]3 years ago
7 0

Answer:

Gross profit / Gross Income

Explanation:

Term applied to the amount that net sales exceeds cost of goods sold on an income statement is Gross profit / Gross Income. We deduct cost of gods sold from Net sales to calculate Gross profit / Gross Income in the income statement. After this we deduct operating expenses to calculate Net profit / Net Income.

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Idk bro I'm just answering this for points
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1. Which of the following questions would be permissible to ask during an interview with a candidate who
Marina CMI [18]

Answer:

I would say the first one

Explanation:

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Answer you are told that metal x is a better reducing agent than metal y. this must mean that:
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Metal X can dispose of unwanted materials quicker and is therefore a better reactant.  Please mark Brainliest!!!
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3 years ago
A dollar in hand today is worth_______(less than/more than/equivalent) a dollar to be received in the future because if you had
Free_Kalibri [48]

Answer:

more than

earn interest

discount cash flow (DCF)

Explanation:

The concept of future value represents the amount that a lump sum or series of cash flows will achieve after a given period when compounded at an interest rate. This means that a dollar in hand today is worth more than a dollar to be received since it can be applied to earn interest.

The time value of money, which allows us to evaluate different investments, is also known as discount cash flow (DCF).

3 0
3 years ago
Sophia is an architect and she is trying to decide whether to hire Jacob, a draftsman, to assist with her work. Sophia could hir
Brrunno [24]

Answer:

b. Jacob should be hired at the $20 per hour wage rate

<u>Options</u>

a. Sophia should do the drafting work herself because she has the lower opportunity cost

b. Jacob should be hired at the $20 per hour wage rate

c. Sophia should not hire Jacob because it would be faster for her to do the work herself

d. Jacob should be hired, but only if he is paid more than $30 per hour

Explanation:

Sophia cannot fullfil their client request on time without hiring an employee Assuming Jacob is the best possible candidate for Sophie she should consider to hire it as three hours of Jabor will cost 60 dollars while an hour of his work is worth 90 dollars

Thus, making convinient to hire it as there is a profit of 30 dollars.

We should also conider jacob will earn experience over time and this will make it a better employee in the long-run.

4 0
3 years ago
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