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
pychu [463]
3 years ago
7

A company has sales of $375,000 and its net income is 54,250. its gross profit is $157,500. its cost of goods sold equals: a 7.6

%, b 22.38%, c 34.00%, d 66%or e 294.10%
Business
1 answer:
Galina-37 [17]3 years ago
6 0

Answer:

$217,500

Explanation:

We know that the

Cost of goods sold = Sales revenue - gross profit

                                = $375,000 - $157,500

                                = $217,500

To compute the cost of goods sold we deduct the gross profit from the sales revenue so that the cost of goods sold can come.

And, the net income would be ignored

This is the answer but the same is not provided in the given options

You might be interested in
Given the following owner’s income and expense estimates for an apartment property, formulate a reconstructed operat-ing stateme
scoundrel [369]

Answer:

$363,000

Explanation:

Calculation for the property’s indicate market value.

First step

Operating Statement

PGI: $66,000

(10 units x $550 x 12 month )

Less: Vacancy Loss(3,300)

(5%*66,000)

EGI:62,700

Less: Operating Expenses

Power$2,200

Heat1,700

Janitor4,600

Water3,700

Maintenance4,800

Management3,000

Reserve for CAPX2,800

Total Operating Expenses$22,800

Net Operating Income$39,900

(62,700-22,800)

Second step is to find the property’s indicate market value.

Using this formula

Market Value=NOI/ Ro

Let plug in the formula

Market Value=$39,900/11.0%

Market Value=$363,000

Therefore the property’s indicate market value is

$363,000

6 0
3 years ago
A capital investment project has the following expected incremental values next year: Revenue $1,000,000 Operating costs 200,000
sattari [20]

Based on the calculation below, incremental after-tax operating cash flow is $675,000

<h3>How to calculate incremental after-tax operating cash flow</h3>

This can be calculated as follows:

Profit before interest and tax = Revenue - Operating costs – Depreciation = $1,000,000 - $200,000 - $300,000 = $500,000

Operating income = Profit before tax – (Profit before tax * Tax rate) = $500,000 – ($500,000 * 25%) = $375,000

Therefore, we have:

Incremental after-tax operating cash flow = Operating income + Depreciation = $375,000 + $300,000 = $675,000

Learn more about cash flows here: brainly.com/question/18301011.

#SPJ1

5 0
2 years ago
Write down any four techniques that you can practice to become an effective listener.
klemol [59]
For techniques that you can practice to become an efficient listener or listening with all ears paying attention giving feedback and observing your anatomy is of listening.
8 0
3 years ago
Read 2 more answers
Genève is a member of the board of directors and the chief financial officer of the corporation. Under the duty of care that sh
loris [4]

Answer:  

The correct answer is c."oversee every aspect of the business, including such things as ordering merchandise and arranging for janitorial services."

Explanation:  

The chief financial officer is the person in charge of the financial administration of the organization, their tasks are focused on planning, implementing and analyzing the financial information of the company. Therefore, a chief financial officer like Genevieve does not get involved in activities such as ordering merchandise and arranging for janitorial services.

3 0
3 years ago
An increase in demand, with no change in supply, will lead to ________ in equilibrium quantity and ________ in equilibrium price
Advocard [28]

An increase in demand and a decrease in supply will cause an increase in equilibrium price, but the effect on equilibrium quantity cannot be detennined

<h3>What is equilibrium price?</h3>

In economics, economic equilibrium is a state in which economic forces such as supply and demand are balanced and the values of economic variables do not change in the absence of external influences.

Equilibrium is the economic condition in which market demand and market supply are equal to each other, resulting in price stability. Normally, when the supply of goods and services exceeds the demand over time, the price falls, resulting in more demand.

Microeconomic and macroeconomic equilibrium are two types of economic equilibrium. Supply and demand between buyers and sellers are balanced in microeconomics. An economy achieves aggregate demand and aggregate supply balance through macroeconomics. Competitive prices are an essential component of the theory.

To know more about equilibrium price follow the link:

brainly.com/question/22569960

#SPJ4

7 0
1 year ago
Other questions:
  • Diane's Designs has two classes of stock authorized: 8%, $10 par value preferred and $1 par value common. As of January 1, 2021,
    10·1 answer
  • In the table above the output level where the price minus atc (average total cost) is a maximum (or least negative) is the maxim
    9·1 answer
  • The __________ is the system of relationships that develop spontaneously as employees meet and form power centers.
    11·1 answer
  • Which term describes the seller's ability and desire to sell goods and services.A. supply
    9·2 answers
  • Suppose that you just purchased 150 shares of XYZ stock for $60 per share. a. If the initial margin requirement is 71.00%, how m
    9·1 answer
  • I need free pantyhose
    10·2 answers
  • The following information pertains to Julia &amp; Company: March 1 Beginning inventory = 33 units @ $5.70 March 3 Purchased 14 u
    10·1 answer
  • The management team at Imagine Advertising is trying to land a new client. Carla, the CEO, has set targets for how much the cont
    10·1 answer
  • Sabv Corporation's break-even-point in sales is $840,000, and its variable expenses are 75% of sales. If the company lost $34,00
    10·1 answer
  • Cash flows: Hillman Corporation reported current assets of $3,495,055 on December 31, 2017 and current assets of $3,103,839 on D
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!