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pickupchik [31]
3 years ago
5

Sales revenue $350,000 Accounts receivable $280,000 Ending inventory $230,000 Cost of goods sold $180,000 Sales returns $50,000

Sales discount $20,000 What is the gross profit?
Business
1 answer:
sesenic [268]3 years ago
4 0

Answer:

$100,000

Explanation:

The computation of gross profit is shown below:-

Gross profit = (Sales revenue - Sales return - Sales discount) - Cost of goods sold

= ($350,000 - $50,000 - $20,000) - $180,000

= $280,000 - $180,000

= $100,000

Therefore we simply applied the above formula for determining the gross profit

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Oksana_A [137]
North Korea Nuclear testing. Since China is doing nothing to stop it, sanctions can be placed on China (maybe) and aid provided to Japan's defense department as well as south koreas.

7 0
3 years ago
Read 2 more answers
Investment is equal to all purchases of newly produced capital goods Select one: a. minus changes in business inventories. b. pl
d1i1m1o1n [39]
<h2>Plus changes in business inventories, plus purchases of new residential housing</h2>

Explanation:

Let us understand the term deeply what an "investment" is about.

  • It is the amount of money spent on something which would yield a better returns"
  • These are purchase of goods which may not be essential or not going to be used immediately but it is bought keeping future in mind
  • Those are also called an "asset" which can be sold in future "for higher profit returns"
  • This is action is done to "financially" be safe or protected
  • There are different types of investment and should be carefully chosen based on the returns and risks associated with that.
8 0
3 years ago
ULab Inc., a biotechnology firm, lost one of its offices in a fire. The employees did not have a fire drill, and the 10-story bu
Ilya [14]

Answer: (B) Moral minimum

Explanation:

 The moral minimum is one of the organizational degree which include the ethical behavior in the business and it basically focuses on the various types of impacts in business firms that helps in the decision process.

According to the given question, the moral minimum is one of  important responsibility of the social theory that is neglecting the fire drill and also not installing the fire exist by the Ulab organization for their employees.  

 Therefore, Option (B) is correct answer.

4 0
3 years ago
Tom buys a shirt for $22.00 plus 7% sales tax. His cousin buys a shirt for $18.00 plus 4% sales tax.How much do Tom and his cous
astra-53 [7]

Answer:

Tom paid $23.54 while his cousin spent $18.72. Tom spent more on tax $.082 more than his cousin.

Explanation:

Tom

Cost of shirt = $22

Sales tax = 7%

Total amount paid = 22 + (7% × 22)

                               = 22 + 1.54

                               = $23.54

Tom's cousin

Cost of shirt = $18

Sales tax = 4%

Total amount paid = 18 + (4% × 18)

                               = 18 + 0.72

                               = $18.72

Tom spent more on tax as he spent $1.54 as against his cousin's $0.72.

3 0
3 years ago
Adam was unable to finish high school because he needed to go to work to help his family financially. what type of influence doe
juin [17]

Adam was unable to finish high school because he needed to go to work to help his family financially. This forms a Non-formative type of influence

This is further explained below.

<h3>What is a Non-formative type of influence?</h3>

Generally, The term "nonnormative effects" refers to those that do not affect each member of a set in the same manner. Nonnormative suggests it does not affect everyone in the same way in the culture, while normative suggests it does (or not at all).

In conclusion,  Adam dropped out of school before he could graduate from high school because he had to start earning money to support his family. This is an example of a non-formative impact.

Read more about the Non-formative type of influence

brainly.com/question/6912636

#SPJ1

4 0
2 years ago
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