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3 years ago

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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Nikhil is a design manager for a production company. He independently assigns teams, chooses projects, researches trends, and is

Papessa [141]

Answer: Based on this description, it's safe to say that Nikhil's job is high in c. autonomy.

Explanation:

What is meant by an autonomy character?

This is a person who is able to decide or make decisions without being forced to do so they are independent individuals who can take control of their own tasks at a very high standard level. They are professionally capable of using their freedom to make exceptional decisions that are well thought of and of high standard.

Nikhil works independently , is able to distribute the work to the team and is able to provide proper standard report every month without being told or forced to do so this qualifies under autonomy.

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3 years ago

Structural unemployment is caused by: Group of answer choices people losing a job when their skills become obsolete due to techn

Tanzania [10]

Structural unemployment is caused by <u>people losing a job when their skills become obsolete due to technological innovations.</u>

People who wish to work but are unable to obtain job are said to be experiencing structural unemployment. The abilities of the workers and the talents that businesses required do not match in structural unemployment.
Because the abilities of the workforce won't change despite advances in technology, if technological breakthroughs improve, there will be structural unemployment.
As a result of their inability to keep up with modern technology, they are losing their jobs.

<h2>What is Structural unemployment?</h2>

A mismatch between the skills of the jobless and the jobs that are available is referred to as structural unemployment. It differs from cyclical unemployment in that it results from factors other than the business cycle. 1 It happens when an underlying economic shift makes it challenging for some people to find work. It is more difficult to reverse than other forms of unemployment.

Learn more about types of structural unemployment at brainly.com/question/17272067?referrer=searchResults

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3 0

2 years ago

The organizational culture of a public agency consists of

cupoosta [38]

The organizational culture of a pubic agency consists of the relationship it has with the public it serves.

3 0

3 years ago

State a reason to justify that marketing is a beneficial concept.

AnnyKZ [126]

Answer: marketing is beneficial to customers because they can receive lower price they can receive new and improved products and it is also beneficial to the business because it allows businesses to maintain long-lasting and ever-present relationships with their audience

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3 years ago

On January 1, Puckett Company paid $1.6 million for 50,000 shares of Harrison’s voting common stock, which represents a 40 perce

Marysya12 [62]

Answer:

The $1,724,000 is the investment amount which is to be recorded as of December 31.

Explanation:

For computing the investment income, the calculation is shown below:

= Paid value + net income percentage - dividend

where,

Paid value= $1.6 million

Net income percentage = Net income × percentage

= $560,000 × 40%

= $224,000

And, dividend = number of shares × per share

= 50,000 × 2

= $100,000

So, the investment amount would be

= Paid amount + net income percentage - dividend

= $1,600,000 + $224,000 - $100,000

= $1,724,000

Hence, the $1,724,000 is the investment amount which is to be recorded as of December 31.

3 0

3 years ago