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ipn [44]
3 years ago
9

During 2018, Skechers USA had Sales of $1,846.4, Gross profit of $818.8 million and Selling, General and Administration expenses

of $730.7 million. What was Skechers' Cost of sales for 2018
Business
1 answer:
sveta [45]3 years ago
4 0

Answer:

The answer is $1,027.6 million

Explanation:

Gross profit = Sales - Cost of Sales(cost of goods sold)

Gross profit = $818.8 million

Sales of $1,846.4 million.

To find Cost of Sales, we rearrange the formula to now be:

Sales - Gross profit

$1,846.4 million - $818.8 million

=$1,027.6 million

Therefore, Skechers' Cost of sales for 2018 is $1,027.6 million

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Asia the crusades fought holy wars
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3 years ago
Parkway Company incurred $126,000 in material costs during July. Additionally, the 12,000 units in the Work-in-Process Inventory
IRINA_888 [86]

Answer:

$ 13.167 / unit

Explanation:

Data provided:

Beginning material cost = $ 126,000

Number of units in work in progress = 12,000 units

Material cost assigned = $ 32,000

thus,

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Now,

the material cost per equivalent unit = Total material cost involved / number of units

on substituting the values, we have

the material cost per equivalent unit = $ 158,000 / 12,000

or

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7 0
3 years ago
T-Bills are a security whose price can vary in the market where they are bought and sold after they are auctioned to the investi
natka813 [3]

Answer:

C. What you earn on this security would not change as a result of the change in interest rates.

Explanation:

The increase in the interest rate will decrease the price of the T-Bill if you want to sell it to another investor, but what you will earn with the security will not change at all. Your earnings in dollars = interest rate paid by the T-Bill or any other type of bond.

If you buy and sell securities for a living, then a change in the interest rates can make you win or lose money, since the price of the securities will increase or decrease. If interest rates increase, the price decreases. But if you invest on a security to earn the coupon or interest rate that it pays, a change in the price will not affect you because you already own it. The opportunity cost of holding the security might change, but the accounting revenues will not.  

7 0
3 years ago
Different ____ levels and _______ requirements affect the choice of market entry
joja [24]
The answer to this question is Risk;Resources
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The resource requirements, on the other hand, affect your choice by considering which product could be produced in your area that has a competitive advantage compared to other products
3 0
3 years ago
A telephone customer service center wants to ensure that the majority of its customers’ calls are answered within a reasonable a
mr_godi [17]

Answer:

The Capability Index for this process is 1.04. The right answer is B

Explanation:

According to the given data we have the following:

μ = 31 Seconds

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Therefore, in order to calculate the Capability Index for this process we would have to use the following formula:

Cpk=Min<u>( USL-μ</u>  ,  <u>μ- LSL</u>)

               3×σ            3×σ

Cpk=Min<u>( 45-31</u>  ,  31<u>- 10</u>)

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7 0
3 years ago
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