1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Gelneren [198K]
3 years ago
9

HELP Question 3: To determine gross profit, A:subtract the cost of goods sold from sales.

Business
2 answers:
mylen [45]3 years ago
7 0

Answer:

A

Explanation:

Gross profit = total sales - total cost of sales

Gemiola [76]3 years ago
7 0

Answer:

A.) Subtract the cost of goods sold from sales

Explanation:

You might be interested in
___ refers to the potential for the long-term well-being of the natural environment, including all biological entities, as well
Neko [114]

Answer: Sustainability

Explanation:

The sustainability is the term which is used to refers to the economical activities that helps in maintain the present actual requirement and also understanding the future abilities.

The importance of the sustainability is that it helps in maintain the quality of our environment and also the various types of natural resources.

The following are some benefits of the sustainability are as follows:

  • Reduce the cost
  • Helps in reducing the waste
  • Increase the productivity in an organization
  • The business abilities get increased

According to the question, the sustainability is basically refers to the natural environment that has long term potential which include the various types of biological entities, business strategies and also the interaction with the environment.

 Therefore, Sustainability is the correct answer.

8 0
3 years ago
Fortune Company had sales during July 20X3 of $29,000. During the month, the company had purchases of $17,000. At July 1, 20X3,
mart [117]

Answer:

$4,100

Explanation:

In this question ,we apply the income statement equation

Opening stock + Purchase + Gross profit = Sales + Closing stock

$4,500 + $17,000 + $11,600 = $29,000 + Closing stock

$33,100 = $29,000 + Closing stock

So, the closing stock would be

= $33,100 - $29,000

= $4,100

The gross profit is computed below:

= Sales × gross profit percentage

= $29,000 × 40%

= $11,600

6 0
3 years ago
g A company shows a balance in Salaries and Wages Payable of $50,000 at the end of the month. The next payroll amounting to $75,
GrogVix [38]

Answer and Explanation:

The journal entry is

Salaries and Wages Payable $50,000

Salaries and Wages Expense $25,000

           To Cash $75,000

(Being cash paid is recorded)

Here salaries & wages payable and salaries & wages expense is debited as it decreased the liabilities & increased the expense while the cash is credited as it decreased the assets

7 0
3 years ago
Which of the following generates a demand for U.S. dollars in the currency market? An American citizen buys Japanese Yen for her
yan [13]

Answer:

The correct answer is b. When japanese tourists shop in New York.

Explanation:

If an American citizen buys Japanese yens he is creating demand for Yens.

When japanese tourists go to shop in New York, they will need US dollars to make payments. They need to exchange their Japanese yens for US dollars.

The purchase of beef from Japan needs to be paid in Yens, so it will create demand for Yens.

So they will supply Yens and generate a demand for US dollars.

Thus, the correct answer is option B.

7 0
4 years ago
A project champion is: A project manager that always completes projects within the allotted budget. A project manager that alway
Crank

Answer:

C) A sponsor in top management that is keenly interested in the project's success

Explanation:

7 0
3 years ago
Read 2 more answers
Other questions:
  • Suppose that after hurricane​ Irene, the average income in Cape​ Charles, Virginia decreased by 2 percent. In response to th
    14·1 answer
  • ________ leaders inspire followers to transcend their self-interests for the good of the organization and can have an extraordin
    13·1 answer
  • Assume the Hiking Shoes division of the All About Shoes Corporation had the following results last year (in thousands). Manageme
    8·1 answer
  • On January 1, 2021, Tiny Tim Industries had outstanding $1,000,000 of 9% bonds with a book value of $970,500. The indenture spec
    11·1 answer
  • If a company has advance subscription sales totaling $45,000 for the upcoming year, when four quarterly journals will mailed to
    14·1 answer
  • Looking at Channel 4’s strengths, their ability to appeal to different niche audiences is the highlight of the company. One of
    12·1 answer
  • Medical clinic office: Medical case files of deceased patients. Which transfer method? explain your decision?
    8·1 answer
  • PLEASE HELP! IN A TEST! A salesperson may sell from a distance except when it involves _____.
    12·1 answer
  • A $23 credit to sales was posted as a $230 credit. By what amount is the sales account in error?
    9·1 answer
  • a corporation reported cash of $15,800 and total assets of $180,100 on its balance sheet. its common-size percent for cash equal
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!