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
Masja [62]
3 years ago
5

Gross profit is equal to:

Business
1 answer:
ehidna [41]3 years ago
3 0

Answer:

The correct answer is letter "A": sales minus cost of goods sold.

Explanation:

Gross Profit is one of several important measurements of a company's profitability. Specifically, <em>it is derived from taking sales revenue and subtracting the costs of goods sold</em>. The costs of goods sold include the expenditures of raw materials and labor involved in making the products.

You might be interested in
Hallie has an annual salary of 58000 and her company pays her twice a month. what is the gross income per paycheck that Hallie r
Varvara68 [4.7K]

Answer:

<u>$2416.67</u>

Explanation:

A_P-E_X

8 0
3 years ago
Seller Dayne was made aware by the trustee that the lender was wanting to proceed with foreclosure on his property. What type of
elena55 [62]

Answer:

Promissory agreement and Deed of trust.

Explanation:

In this scenario, Seller Dayne was made aware by the trustee that the lender was wanting to proceed with foreclosure on his property. The type of financial agreement that Seller Dayne have with this lender is a Promissory agreement and Deed of trust.

A promissory agreement can be defined as an evidence of a debt and as such involves the use of a legal financial tool such as a promissory note as a written promise to declare that a party (borrower) would pay another (lender) at a specific period of time.

On the other hand, a deed of trust can be defined as a legal document used by a party (borrower) to pledge his or her property to another party (lender) as guarantee or collateral for the repayment of a loan. The deed of trust is typically made up of three (3) parties; the lender, borrower and a trustee.

Additionally, a foreclosure on a property refers to a legal procedure whereby the property being pledged by a borrower for a debt is sold to pay off the debt as a result of defaulting in payments or terms with respect to a loan.

6 0
3 years ago
Charlie Plopp is selling a horse. If he does not sell the horse, then he gets no revenue. Three types of people are interested i
qaws [65]
I think it’s E if not then it’s C
8 0
3 years ago
The Taylor rule specifies how policymakers should set the federal funds rate target. Suppose that U.S. real GDP rises 1% above p
VladimirAG [237]

Answer:

FED raise the federal funds rate target by 0.5%

FED raise the federal fund rate target by 2%

Explanation:

Taylor Rule states that Federal Funds should raise rates when inflation rises. When Gross domestic products growth of a country is high and above potential level then FED should raise rates. When inflation rises by 1% above target level then federal funds should raise FED by 2%.

6 0
3 years ago
Clare, a florist, opened a new store and wanted to purchase a new refrigeration display cabinet for fresh-flower arrangements. S
stira [4]

The question is incomplete:

Clare, a florist, opened a new store and wanted to purchase a new refrigeration display cabinet for fresh-flower arrangements. She entered into a deal with Alpha Refrigeration Systems for two refrigeration units at $600 each. But, after delivering the units, the salesperson demanded another $100 as delivery charges, which was not mentioned in the deal. Identify the win-lose strategy used by the salesperson.

-Good guy-bad guy routine

-Browbeating

-Red herring

-Trial balloon

-Lowballing

Answer:

-Red herring

Explanation:

-Goog buy-bad guy routine is a strategy in which one person appears to be on your side and when you get to an agreement, this person goes to the bad guy for approval who will renegotiate.

-Browbeating is a strategy in which the buyer tries to affect the saleperson atittude by saying unflattering things.

-Red herring is a strategy in which one of the parties tries to distract the other one from certain isues to get an advantage.

-Trial balloon is an strategy in which one of the parties says something to the other one to get information about its position in the negotiation.

-Lowballing is an strategy in which the buyer makes a really low offer to test the seller.

According to the definitions, the answer is that the win-lose strategy used by the salesperson is red herring because Clara didn't consider the information related to the delivery when purchasing the units as she was probably distracted by other aspects and didn't consider this.

5 0
2 years ago
Other questions:
  • - fair trade is the unrestricted exchange of goods among nations? true or false
    10·1 answer
  • One important change that resulted from the movement to enterprise systems was the creation of​ stronger, faster, and more effec
    8·1 answer
  • The following account balances were extracted from the accounting records of Thomas Corporation at the end of the year:
    8·1 answer
  • A craftsman named William Barnes builds two kinds of​ birdhouses, one for wrens and a second for bluebirds. Each wren birdhouse
    13·1 answer
  • Ace Products has a bond issue outstanding with 15 years remaining to maturity, a coupon rate of 7.4% with semiannual payments of
    11·1 answer
  • Rawls would agree with the idea that inequalities can be justified if they are based on home-country values. redistribute wealth
    9·1 answer
  • is a structured approach used by decision makers to develop a sourcing strategy for a product or service, based on the value pot
    6·1 answer
  • Name the market structure in which agriculture farming operate​
    6·1 answer
  • Which of the following is NOT a characteristics of good application?
    8·2 answers
  • A company received a bill of $3,500 for utilities used in the current month. The journal entry to record this event: A. is not r
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!