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sleet_krkn [62]
3 years ago
7

Financial statement users typically begin their assessment of permanent earnings with:

Business
1 answer:
kirza4 [7]3 years ago
8 0

Answer:

income from continuing operations.

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When a cable company is awarded sole possession to franchise in a community, that franchise is now a: Group of answer choices
Genrish500 [490]

Answer:

l think lt can be some problems._

5 0
3 years ago
Divisional Income Statements
jekas [21]

Answer and Explanation:

The Preparation of divisional income statements is following below:-

                                 Ruiz Industries Inc.

                               Divisional Income Statements

                    For the Year Ended November 30, 2018

                                     Commercial Division         Residential Division

Sales a                                  $479,140                         $292,280

Cost of goods sold b           $316,230                          $163,680

Gross profit c = (a - b)          $162,910                          $128,600

Administrative expenses d $57,500                           $58,460

Operating income              $105,410                          $70,140

(e = c - d)

Support department

allocations f                           $43,120                           $28,350

Segment Income                  $62,290                         $41,790

(g = e - f)

So, to reach at segment income we subtract the Support department allocations from operating income.

5 0
3 years ago
Which of the following is widely accepted as a method of payment?
Alenkasestr [34]

Answer:

C

Explanation:

which is a legal tender and it's generally acceptable

7 0
2 years ago
Read 2 more answers
According to the textbook readings, if Net sales for the towel department were $1,150,000. Billed cost of merchandise was $888,0
SpyIntel [72]

Answer:

Gross Margin Dollar = $ 262,000

Gross Margin as Profit = $ 262,000/1150,000  *100= 22.78

Explanation:

Net sales for the towel department            $1,150,000.

Cost of merchandise                                     $888,000.

Gross Profit                                                     $262,000

Shipping charges                                            $5,460

Discount 5%.                                                    $ 57500

Net Profit                                                          $ 199040

Without sufficient gross profit a merchandiser will likely fail.

Gross Margin Dollar = $ 262,000

Gross Margin as Profit = $ 262,000/1150,000  *100= 22.78

For every dollar in sales the company has  more 22 cents left over to cover the expenses.

6 0
3 years ago
The federal funds rate is the interest rate charged on short-term loans between_____________.
Ugo [173]

Answer:

sorry I'm not quite sure what it is.

5 0
2 years ago
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