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lidiya [134]
3 years ago
7

Gross profit is equal to a. sales plus cost of goods sold b. sales less selling expenses c. sales less cost of goods sold d. sal

es plus selling expenses
Business
1 answer:
alexdok [17]3 years ago
8 0

Answer:

sales less cost of goods sold

Explanation:

Gross profit is the profit earned after after deducting the costs of goods sold from revenue

I hope my answer helps you

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The York Company has arranged a line of credit that allows it to borrow up to $64 milion at any time. The interest rate is .640
klio [65]

Answer:

8.46%

Explanation:

Monthly interest rate = 0.640%

Number of month in year = 12

Investment in non-interest bearing = 6%

Effective annual interest = [(1 + Monthly interest rate)^Number of month] - 1 / (1 - Investment in Non-interest)

Effective annual interest = [(1 + 0.640%)^12] - 1 / (1 - 6%)

Effective annual interest = (1.0064)^12 - 1 / 0.94

Effective annual interest = 1.07956187072 - 1 / 0.94

Effective annual interest = 0.07956187072 / 0.94

Effective annual interest = 0.084640288

Effective annual interest = 8.46%

Hence, the Effective annual is 8.46%.

7 0
2 years ago
The classified balance sheet will show which asset subsections?
Mnenie [13.5K]

The classified balance sheet will show which asset subsections?

b. current assets and property, plant, and equipment

Assests are divided into current assets and PPE, Thus there are going to be 2 sections in assets sides.

6 0
3 years ago
Which NIMS Management Characteristic refers to personnel requested through appropriate authorities and established resource mana
sergey [27]

Answer:

A. Dispatch/ Deployment

Explanation:

NIMS refers to National Incident Management System that is basically created by the Federal Government in order to keep a regulated and national approach that is comprehensive for the incident management.

The Dispatch and Deployment characteristic provide that no resources shall be dispatched before the prior approval of management, and that the resources shall be deployed only when the management asks for such deployment.

This basically establishes the importance of authorities and personnel that is higher management.

7 0
3 years ago
Otion Inc. is a relatively new firm in the consumer electronics industry. The company's primary objective is to become the marke
muminat

Answer:

C) Internal production systems that could reduce costs by 30 percent below the current industry standards

Explanation:

VRIO can be defined as the tool used to analyze a firm’s <u>internal resources and capabilities</u> in relation to them being a source of sustained competitive advantage. It purports that organisations have to look inwards for development of competitive advantage.

VRIO is an acronym for a the four qualities that must be possessed if internal competencies must produce competitive advantage:  Value, Rarity, Imitability, and Organization.

Hence in the case of Otion Inc, the right resolve and direction is its <u>internal</u> production systems being able to reduce costs by 30% below industry standards.

The key word is internal.

7 0
3 years ago
Dave Fletcher was able to determine the activity times for constructing his laser scanning machine. Fletcher would like to deter
skelet666 [1.2K]

Answer:

  • Project completion time: 21 weeks
  • Critical Path: B - E - G
  • ES, EF, LS, LF are shown below

Explanation:

The earliest start is the latest of the earliest finish times of the predecessors. The earliest finish is the sum of earliest start and duration.

The latest finish is the earliest of the latest start times of the successors. The latest start is the difference of latest finish and duration.

The slack is the difference between earliest start (or finish) and latest start (or finish).

Project duration is the earliest start of the "Project Done" task. For purposes of computing slack, this (project duration) is taken to be the latest finish of the immediate predecessors.

The critical path is the sequence of tasks with 0 slack.

8 0
2 years ago
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