Answer:
The answer is $230,000
Explanation:
Net sales is the sum of a company's gross(total) sales minus any returned goods, sales allowances and/or discounts. The total amount of revenue on a company's income statement is the net sales.
Gross sales - $240,000
Merchandise returned - $10,000
Net sales = Gross sales - goods returned
$240,000 - $10,000
= $230,000
Answer:
is the pattern that follows any of the variables that determine the benefit of an economic activity
a standard is the reference level of some factor of production
Answer:
A. $41,120.
Explanation:
Year Description Cash flow Present [email protected]%
0 Equipment cost ($30,000) ($30,000)
1-4 Additional CF $24,000 $69,929.10
4 Residual value $2,000 $1,184.16
Present value total $41,113.26
Based on the above calculation, the answer shall be A. $41,120.
Answer:
OPPORTUNITY cost of Ted=2/4=0.5 car wash
OPPORTUNITY cost of Tom=1/3=0.33 car wash.
OPPORTUNITY cost is amount of other good given to produce more of one good.
Ted has absolute advantage.
Tom has comparative advantage.
Explanation:
See attached picture.
