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3 years ago

Net income plus operating expenses is equal to a.sales b.gross profit c.cost of goods sold d.cost of merchandise

Business

1 answer:

aleksandrvk [35]3 years ago

4 0

Answer:

b. gross profit

Explanation:

As we know that

Net income = Gross profit - operating expenses

where,

Gross profit = Sales - the cost of goods sold

And, The operating expense deals with the day to day business activities like commission on sales, payroll, etc

So, the gross profit equals to

Gross profit = Net income + operating expenses

Therefore, the option b is correct

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Which type of tax does the fedreal goverment collect

Elina [12.6K]

income tax majorly they depend majorly on income tax

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3 years ago

Which of the following best explains why unions give workers more power in contract negotiations? A. Employers aren't legally al

hram777 [196]

Option D

Employers can't fire an entire union because of the difficulty of replacing every worker best explains reason for unions give workers more power in contract negotiations

<h3><u>Explanation:</u></h3>

One of the numerous significant advantages of getting collectively with your co-workers to create a union is obtaining the accuracy and protection of a union contract. A union contract is a printed contract among the employer and the employees that describes the phases and advantages in a sinless and legally-binding way.

The ability to be capable to recommend policy reforms or raise problems with a company as a whole preferably of just practicing them alone to a manager. A contract is not deemed to be in force till the membership has voted to approve it.

5 0

3 years ago

Read 2 more answers

Consider the following abbreviated financial statements for Weston Enterprises:

Nadusha1986 [10]

Answer:

Weston Enterprises

a. 2018 2019

Owners' equity $3,187 $3,309

b. Change in net working capital for 2019 is $39.

c. The company sold $841 in fixed assets.

d. The cash flow from assets = ($2,544) + $841 = ($1,703)

e. Long-term debt paid off = $291.

f. The cash flow to creditors = 478 ($524 - 46).

Explanation:

Data and Calculations:

WESTON ENTERPRISES 2018 and 2019 Partial Balance Sheets

Assets Liabilities and Owners' Equity

2018 2019 2018 2019

Current assets $1,178 $1,263 Current liabilities $526 $572

Net fixed assets 5,707 6,023 Long-term debt 3,172 3,405

Owners' equity 3,187 3,309

Total $6,885 $7,286 Total $6,885 $7,286

WESTON ENTERPRISES 2019 Income Statement

Sales $15,490

Costs 7,171

Depreciation 1,387

Interest paid 404

2018 2019 Change

Current assets $1,178 $1,263 $85

Current liabilities $526 $572 46

Net working capital $652 $691 $39

Fixed assets:

Beginning balance 5,707

Additional purchase 2,544

Less depreciation 1,387

Balance after depre. 6,864

Ending balance 6,023

Asset sold 841

Long-term debt

Beginning balance 3,172

Additional debt 524

Debt paid off (291)

Ending balance 3,405

6 0

3 years ago

Councilwoman moore stepped up to the podium. "i don't think i need to upon reasons for voting against the proposed construction;

S_A_V [24]

Answer:

Expound, cajoled, inscrutable, acrimony, exult, harry, fluctuate

Explanation:

Word banks

Fill in the blanks using these words: fluctuate, cajole, expound, acrimony, exult, inscrutable, metier, and harry.

Councilwoman moore stepped up to the podium. "i don't think i need to expound upon reasons for voting against the proposed construction; i thought that the message was clear enough at the last meeting--when you all opposed it as well. obviously, someone has cajoled a few of you into changing your opinion since last month, and your sudden, inscrutable decision to yield to beta-rad enterprises bothers me a great deal. what happened to the surplus of acrimony toward beta-rad from the last meeting? don't you remember how we exult in our victory over the radioactive waste dump? for two years, we've listened to beta-rad executives harry us, and we finally had the chance to stop it for good. how could the opinions of fifteen people possibly fluctuate this much?"

word bank:

5 0

3 years ago

Read 2 more answers

Data for Corporation and its two divisions, Domestic and Foreign, appear below:

kari74 [83]

Answer:

the segment margin for the Domestic division is $162,200

Explanation:

The calculation of the segment margin is shown below:

Segment Margin is

= Domestic Sales Revenues - Domestic Variable Expenses - Domestic Traceable Fixed Expenses

= $541,000 - $314,000 - $64,800

= $162,200

Therefore the segment margin for the Domestic division is $162,200

7 0

3 years ago