All categories

3 years ago

In an income statement subtracting the cost of goods sold from the net sales provides the?

Computers and Technology

1 answer:

Verizon [17]3 years ago

8 0

The correct answer is gross profit.

The purpose of the income statement is to show the income of the business for the reporting period. When you subtract the costs of goods from the net sales you will have the gross profit. From the gross profit you will subtract your expenses in order to calculation the net income.

You might be interested in

10 points!

melisa1 [442]

Advantages;

Firstly, the internet can let a person to communicate with people in virtually any parts of the world through the internet or e-mail, without having to leave his room. E-mail allowed peoples to communicate with minimum of times. It is now possibles to send a message to any parts of the world through a simple e-mail address and the message is delivered in matter of seconds. Every companies is using e-mail in business. The convenience of e-mail has allowed businesses to expand and communicates with their vendors and customers located all over the world in records times. Personal communication has also become more easier thanks to e-mail. Chat rooms, video conferencing are some of the latest additions in this technology and these have allowed peoples to chat in real time. Besides, there are a lot of messengers services in offering. With the help of such services, it has become very easy to establish a kind of global friendship where you can share your thoughts and explore other cultures. The internet also allows people within an organization to easily communicate and share informations.

Second, information is probably the biggest advantages that internet offers. Internet is a virtual treasures trove of information. Any kinds of information on any topic under the sun is available on the internet. The search engines like Google, Yahoo are at your service through the internet. There is a huge amount of information available on the internet for just about every subjects known to man, ranging from government law and services, trade fairs and conferences, market information, new ideas and technical support, the lists is simply endless. We can uses these search engines, websites dedicated to different subjects and large amount of articles and papers are available for perusal in a matter of a few seconds.

Forums on a number of sites allow peoples to discuss and share their thoughts and informations with others located at different places all over the world. Whether this information is the latest news happenings in the world or information about your favourite celebrity, everything is available at your finger tips. A huge cache of data is available on the internet on every single subjects. With this storehouse of information people can not only increases their knowledge bank but can do so without wasting their time through traditional means such as visiting libraries and conducting exhaustive research. With internet, students can save their times to search for information and using their time to do other works.

This is particularly relevant for students who can use this wealth of information for their school projects and also learn new things about the subjects they are interested in. In fact this internet is for many schools and universities that are now able to assigns projects and work to the students and follows their progress which can be easily posted on the school or university internal websites. Online education has grown at a very fast pace since internet allow the development and uses of innovative tools for imparting education. University students and lecturers can communicate through internet. Besides, some universities are also offerings far distances courses to make study become more inefficient and convenience. Internet become a gateway for those who wants to learn but cannot afford the living fees at foreign countries.

Thirdly, entertainments is another popular reasons why many people prefer to surf the internet. In fact, the internet has becomes quite successful in trapping the multifaceted entertainment industry. Downloading games or just surfing the celebrity websites are some of the uses people have discovered. Even celebrities are using the internet effectively for promotional campaigns. Besides that, there are numerous games that can be downloaded for free. The industry of online gaming has tasted dramatic and phenomenal attentions by game lovers. The internet has also revolutionized the entertainments industry. People nowadays no need to go to a cinema hall to watch your favourite movie. Instead of watching movies at cinema now have companies offering their services where you just can downloads or order your favourite movie and watch it with a fast internet connection. Besides that, you also can download other important software or your favourite music in a matter of few minutes. There are a number of shareware programs that allow you to share and download your favourite music and videos. The internet also allows people from different cultures and background to connect with each other. Internet gaming is a huge business and allow enthusiastic gamers to compete against each other in games even when they are located far apart. Likewise dating has also allowed people to find their prospective soul mates.

4 0

2 years ago

Consider the following four 2-dimensional data points: (2, 2), (4, 4), (1, 5) and (5, 1). We can make use of the KL-Transform to

trasher [3.6K]

Answer:

pootis

Explanation:

4 0

3 years ago

Write a program get_price.py with a function get_price() that takes a dictionary of fruits as an argument and returns the name o

yawa3891 [41]

Answer:

The program is as follows:

def get_price(fruits):

AllPrice = fruits.values()

value_iterator = iter(AllPrice)

mostExpensive = next(value_iterator)

for item in fruits:

if fruits[item]>=mostExpensive:

mostExpensive = fruits[item]

fruitName = item

print(fruitName)

fruits = {}

n = int(input("Number of Fruits: "))

for i in range(n):

name = input("Fruit name: ")

price = int(input("Fruit price: "))

fruits[name] = price

get_price(fruits)

Explanation:

This defines the get_price function

def get_price(fruits):

This gets all price in the dictionary fruit

AllPrice = fruits.values()

This passes the values to a value iterator

value_iterator = iter(AllPrice)

This initializes mostExpensive to the first price in the dictionary

mostExpensive = next(value_iterator)

This iterates through the elements of the dictionary

for item in fruits:

If current element is greater than or equals most expensive

if fruits[item]>=mostExpensive:

Set most expensive to the current element

mostExpensive = fruits[item]

Get the corresponding fruit name

fruitName = item

Print fruit name

print(fruitName)

The main begins here

This initializes the fruit dictionary

fruits = {}

This gets input for the number of fruits

n = int(input("Number of Fruits: "))

This is repeated for every inputs

for i in range(n):

Get fruit name

name = input("Fruit name: ")

Get fruit price

price = int(input("Fruit price: "))

Append name and price to dictionary

fruits[name] = price

Call the get_price function

get_price(fruits)

4 0

2 years ago

Do you know how i can text my mom (and tell my mom to tell dad) that i want to get a new phone and get my ipad back without it b

posledela

You can clean your room, do chores without being told, and being nice to your siblings, or being very helpful around your house. I don't have social media myself, but from what I know, you just have to follow the directions correctly on the site or ask a friend. Plze mark me brainiest:) Hopefully this was helpful:)

7 0

3 years ago

After machine language, what is the next most basic type of programming language, which still uses many length strings of numera

solniwko [45]

Basic would be the most basic lanauge. It was created in M.I.T. and was one of the first programming lanauges.

7 0

2 years ago