Answer:
Sales revenue 392,500
Sales returns and allowances (20,000)
Sales discounts <u> (8,600) </u>
Net Sales: 363,900
COGS (221,000)
Gross Profit 142,900
Freight-out (9,700)
Salaries and wages expense (63,400)
Rent expense (33,500)
Insurance expense <u> (14,600) </u>
Earnings before taxes 21,700
Income tax expense <u> (4,900) </u>
Operating income 16,800
OCI <u> 2,000 </u>
Net Income 18,800
Explanation:
First we solve for net sales.
Then we subtract COGS for Gross profit.
THen we subtract hte expenses and get hte earnings before taxes.
Next the inome tax expense and operationg income
then we put htis along with OCI for thenet income of the period.
Trading account determines the amount of net purchase and sales during the accounting period.
Hope it helps yah (◕ᴗ◕✿)
The marriage of electronic trading mechanisms with computer technology has had far-ranging impacts on trading strategies and tools. <u>algorithmic trading delegates trading decisions to computer programs. high-frequency trading is a special class of trading.</u>
<h3>What is
electronic trading?</h3>
Before the invention of computerized trading, person-to-person transactions in the United States were conducted on physical exchanges for centuries. The NYSE was by far the most well-known of these exchanges, and it used open outcry, a system of hand signals and vocal communication, for trading.
The National Association of Securities Dealers founded Nasdaq in 1971. It was a fully electronic, computer network-based exchange. It quickly gained acceptance, and by 1992, it was responsible for 42% of US trade volume. Electronic trading platforms were quickly introduced along with the emergence of electronic financial markets. The first electronic trading platform to enter the market was Globex in 1992.
To learn more about electronic trading from the given link:
brainly.com/question/22590564
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Answer:
Many people like to look at short-term rather than long-term when it comes to financing. Additionally, I would say the lack of financial literacy plays into why people don't choose to invest for the future. It really depends on the socioeconomic status a person is in because some may struggle to make ends meet and can't afford to invest for the future. I would definitely lean towards lack of financial literacy because you'd be surprised how people know more about irrelevant matters than crucial information necessary for decision making.
It would be less hard for me because of the resources around me that help me understand my options and how to manage my money. For people like my parents who lack these resources and knowledge, they are less inclined to invest because they don't know how investments work.
Explanation:
wrd
8) Malia started ..
9) Taking a training ..
10) An improved ..
I am not sure tho