Explanation:
a. net sales less cost of goods sold
Gross profit is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Gross profit will appear on a company's income statement and can be calculated by subtracting the cost of goods sold (COGS) from revenue (sales
Answer:
The area has a major shipping port.
Explanation:
The statement above gives important economic information about the area. The fact that it has a major shipping port means that the economy of region likely revolves around the port, or that port is a significant part of the economy even if it is not the most important activity.
The shipping port likely makes the region an important trade center, because ports are essentially use to import and export goods, in other words, to trade goods.
Answer:
the net present value of the investment is
$15289,6
Explanation:
VPN=INVESTMENT+SUM(FT)/(1+K)>N
VPN=150000+80000/(1+10%)++75000/(1+10%)>2
VPN=-150000+72727+61983,4
VPN=15289,6
Answer:
The answer follows below;
Explanation:
Sales=$1,000,000
Allowance for Doubtful Accounts=$1,000,000*1%=$10,000
Bad Debt Expense Dr.$10,000
Allowance for Bad Debts Accounts= Cr.$10,000
In sales % method, we record only % of sales as uncollectible.
A major result of increasing urbanization in african nations has been the movement of people from the country to the city and probably less people involved in agriculture. Also, it would probably result in a more informed populace since cities tend to be more complex societies than villages and more connected to what is happening in the world.
