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3 years ago

EB1.

Business

1 answer:

Viktor [21]3 years ago

3 0

Answer:

Winterfell

Income statement for the year ended December 31, 2019

Sales revenue 865,000

Cost of good sold (354,000)

Gross profit 511,000

Operating expenses (315,000)

Net income 196,000

Explanation:

The net income for the year ended December 31, 2019 is obtained by deducting cost of goods sold and operating expenses from sales revenue.

Gross profit is the difference between sales revenue and cost of goods sold.

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What are two important benefits provided by retailers?

earnstyle [38]

Retailers are important in the distribution of goods to the final consumers as

this ensures less shipping cost accrued as a result of them buying the

commodities in bulk and then selling at designated points which are usually

close to the final consumers.

Retailers also ensure that there is a healthy market competition. The

retailers assist in ensuring that the prices of goods and services varies and

the consumers therefore has various options he/she can choose from which

is a very good thing.

Read more on brainly.com/question/25376778

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3 years ago

Jaiden is in 6th grade and plans to attend college. He has created a college preparation plan.

krek1111 [17]

Answer:

-He should wait until his last year in high school to fill out the FAFSA.

-He should start saving right away. It is never too early to start a savings account.

-He should work hard throughout middle school and high school or it might be too difficult for him to excel later, since bad habits are hard to break.

-He should try different sports and clubs in middle school and early high school. Then he should pick his favorites and invest more time in them.

Explanation:

4 0

2 years ago

Read 2 more answers

Corporation produces a semiconductor chip used on communications. The direct materials are added at the start of the production

iren2701 [21]

Answer:

Equivalents Units Of Production Materials= 475,000

Conversion Costs 450,000

Cost of Completed Units =$ 5138250

Cost of Units in the Ending Inventory $ 604,500

Explanation:

Direct materials costs of $ 935,750

Conversion costs of $ 4,554,000

Total Manufacturing Costs $ 5489,750

Units % of Completion EUP

D.M C.C D.M C.C

Units completed 425,000 100 100 425,000 425,000

Ending Inventory 50,000 100 50 50,000 25000

Total Units Of Production 475,000 450,000

Direct Materials= $ 935,750/ 475000= $ 1.97

Conversion Costs = $ 4,554,000/ 450,000= $ 10.12

Cost of Completed Units =$ 5138250

Direct Materials = 425,000 * 1.97= $ 837250

Conversion Costs = 425,000 *10.12= $ 4301,000

Total Cost of Manufacturing Units= $ 5138250

Cost of Units in the Ending Inventory $ 604,500

Direct Materials = 50,000 * 1.97= $ 98,500

Conversion Costs = 50,000 * 10.12= 506000

Total Costs $ 604,500

7 0

3 years ago

On August 1, 2018, Kira purchased 100 shares of ITC stock for $5,000. There were no subsequent adjustments to her basis. On Augu

padilas [110]

Answer:

b. Short-term loss of $700 and a long-term gain of $900.

Explanation:

August 1, 2018, price per share $50

August 1, 2019, sold 50 shares at $36, resulting in a short term capital loss of ($700)

August 31, 2019, sold 50 shares at $68, resulting in a long term capital gain of $900

If you own a stock for 1 year or less, any gain/loss will be considered short term. If you own a stock for more than 1 year, any gain/loss will be considered long term.

8 0

3 years ago

If you're a manufacturer, and you want to showcase your product in a store that has a narrow but deep selection of merchandise a

damaskus [11]

Answer:

b. a specialty store.

Explanation:

A specialty store. -

It is a type of retail business , which focus on certain goods and services , is known as a speciality store .

These type of company are expert in making a certain goods or services .

For example ,

The store that are designed specifically for men clothing or women clothing or specific for toys , cosmetics etc .

Hence , from the question , the correct term according to the given information of the question is a specialty store .

8 0

2 years ago