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Lubov Fominskaja [6]
3 years ago
15

Financial information is presented below: Operating Expenses $ 90800 Sales Returns and Allowances 26600 Sales Discounts 11200 Sa

les Revenue 293000 Cost of Goods Sold 158600 Gross profit would be $96600. $107800. $123200. $134400.
Business
1 answer:
Ymorist [56]3 years ago
5 0

Answer:

The correct answer would be option A, $96600.

Explanation:

Gross profit is the amount of profit which a company earns after deducting all the costs which incurred in the making and sale of the products of the company.  

Gross profit can be found out by the following formula:

Gross Profit = Total Sales - Cost of Goods Sold

Total Sales will be Sales Revenue - Sales Return - Sales Discounts

So here total sales revenue will be = 293000 - 26600 - 11200

= 255200

Total sales Revenue: 255200

Cost of goods Sold = 158600

Gross Profit = 255200 - 158600

Gross Profit = $96600

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King Costume uses a periodic inventory system. The company started the month with 6 masks in its beginning inventory that cost $
madreJ [45]

Answer:

$464

Explanation:

Periodic Inventory method is being used. That means valuation of inventory is done at the end of a specific period.

LIFO method is also used for determining the cost of inventory sold. FIFO stands for Last In First Out.

<u>Calculation of Cost of Goods Sold :</u>

41 unit × $10   = $440

3 units × $8    =   $24

Total               = $464

The cost of goods sold for the month is: $464

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describe what ETL (Extraction, Transformation, and Load) stands for. Solomon (2015) classified ETL technologies into four catego
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Answer:

Scheduled data integration, or ETL, is an important aspect of warehousing because it consolidates data from multiple sources and transforms it into a useful format

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3 years ago
Percy gray, a professional nature photographer, is planning to buy a camera. recently, when he came across an ad in a magazine,
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Percy Gray was focusing on the features of the camera. This would provide the intended output of a subject. Also, it would give versatility on taking pictures. Limited features cannot bring out better photo result. He learned that he would improve if himself gave that he has this kind of camera.

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3 years ago
The term Blank______ is difficult to define and apply to products, and one can think about it from an organizational, consumer,
Sliva [168]

<em>It can be </em><em>challenging to define and apply the term "new" </em><em>to items. One can consider it from an</em><em> organizational, consumer, or even legal standpo</em>int.

<h3>The meaning of "new product"</h3>

"New products" can include items that have never been produced or sold by your company previously but have been introduced to the market by others. new product innovations developed and released to the market. They could be wholly original works or previously released works that you have improved and updated.

<h3>What is a new to the company product?</h3>

Products that are new to the company, meaning that while other companies may have created or sold them before, the company has never done so. Products that have just entered the market and have never before been available there

learn more about new to the company product here <u>brainly.com/question/14094175</u>

<u>#SPJ4</u>

6 0
1 year ago
If someone introduces himself using a formal introduction, you should _____.
stich3 [128]

Answer:

Follow his lead and address him formally

Explanation:

If someone addresses you formally, that is because that person expects the conversation to be formal, or because you both are in a formal enviroment, for example, a work meeting. For this reason, the best to do in such situation is to address the other person formally as well.

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