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-BARSIC- [3]
3 years ago
9

A profit you earn from selling stock at a higher price then you paid is called a ______

Business
1 answer:
elena-14-01-66 [18.8K]3 years ago
4 0
When you price something higher than it originally was that is called a markup.
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Zimmer, Inc. started the month of January with beginning finished goods inventory of $20,000. The cost of goods manufactured dur
Vlad1618 [11]

Answer:

The correct answer is A.

Explanation:

Giving the following information:

Beginning finished goods inventory of $20,000

The cost of goods manufactured during the month was $120,000

Ending finished goods inventory was $50,000

To calculate the cost of goods sold, we need to use the following formula:

COGS= beginning finished inventory + cost of goods manufactured - ending finished inventory

COGS= 20,000 + 120,000 - 50,000= $90,000

8 0
3 years ago
Anna wants to take seven days off from her job as an accountant to observe a religious holy week. Her employer is reluctant to a
dimaraw [331]

Answer: They must grant the leave only if it amounts to a reasonable accommodation

Explanation:

Based on the information given in the question, they must grant the leave only if it amounts to a reasonable accommodation.

A reasonable accommodation refers to an adjustment that is made in a system in order to accommodate the system for an individual due to the fact that there is a proven need. Such accommodations can be mental, physical, religious, academic or emotionally related.

4 0
2 years ago
Which of the following statements about the income statement is false? a. The single-step format groups all income items togethe
Sophie [7]

Answer:

The statement which is false is D) .

Explanation:

Income statement helps in assessing the current and past performance of the company, it also helps in predicting the future performance and in assessing the risk present in future in obtaining cash flows. Income statement are prepared through two methods either single step format ( which is used by sole proprietor and partnership firms ) or multi step format ( used by corporations ) .

In the single step format , all the income items are group together and are subtracted from the total cost, while in multi step format , a company breaks all the sources from where the revenues and cost have come, it is used to take out various measures like gross profit, operating profit etc.

A common size statement is one of the type of income statement where each account item is represented as a percentage of total sales value.

Option D is false because discounted operations and extraordinary transactions appear on both the single step and multi step format , these transactions are written as written as footnote below the statement.

5 0
3 years ago
Ajay borrowed $6000 cash from his friend Tim, *
ad-work [718]

Answer:

Ajay account will be credited with $6000. While Tim account will be debited by $6000

6 0
2 years ago
Mark is an excellent cook. He does not have any formal training but learned to cook by following the recipes of several famous c
soldi70 [24.7K]

Answer:

d.) laissez-faire

Explanation:

Laissez-faire is one of Adam Smith's ideas which made Mark think of starting a restaurant because the business is free from government intervention. Also because Mark would be the sole owner of the business.

8 0
3 years ago
Read 2 more answers
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