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
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

You might be interested in
The cost to manufacture one unit of Rinker Audio Products' bestselling hearing aid, the Magnifier, is $87.50. The CFO of the com
padilas [110]

Answer:

d. economies of scale

Explanation:

Based on the information provided within the question it can be said that this concept is known as an economy of scale. Like mentioned in the question this concept states that as a company scales their operation, the cost of each input unit decreases as their output or production increases, Thus granting the company a cost advantage. As is happening in this scenario.

4 0
3 years ago
1. If you were a manager conducting a job interview to applicants and you encountered the following querries
Fudgin [204]

AnsjoNOnondxw

Explanation:

dqfewgrjhfj

4 0
2 years ago
What are OPR sanctions
Arada [10]
OPR stands for Office of Professional Responsibility. OPR is a governing body that announces disciplinary sanctions. The OPR sanctions involves attorney, certified public announcements, appraisers, etc. OPR sanctions are disciplinary sanctions that are imposed when any violation of applicable standards occur. 
4 0
3 years ago
Which is the branch of the US Treasury Department that collects taxes?
romanna [79]
The answer to your question is IRS
6 0
3 years ago
Directions: After reading the texts, choose the best answer for the multiple-choice questions below and respond to
creativ13 [48]

Answer:

Their study of data from the Gallup-Healthways Well-Being Index found that while “life evaluations rise steadily with income,” emotional well-being drops off at about $75,000 a year. Beyond $75,000, money is important for life evaluation but does nothing for happiness, enjoyment, sadness, or stress.

Explanation:

6 0
3 years ago
Read 2 more answers
Other questions:
  • If there’s a 40% chance of making $1 million and a 60% chance of losing $600,000, then the expected monetary outcome is
    12·1 answer
  • Forey, Inc. competes against many other firms in a highly competitive industry. Over the last decade, several firms have entered
    9·1 answer
  • Assume that the 4K and OLED television sets industry is perfectly competitive. Suppose a producer develops a successful innovati
    5·1 answer
  • An example of transaction exposure is when:__________.
    13·1 answer
  • The bullet points beneath a one-line mission statement often serve as
    14·2 answers
  • Morataya Corporation has two manufacturing departments--Machining and Assembly. The company used the following data at the begin
    6·1 answer
  • "In 2020, a customer buys a 3% U.S. Government bond maturing in 2024 at 102. The customer elects to amortize the bond premium fo
    5·1 answer
  • HELP PLSSSSSS ECONMICS<br> qjhewdkvdfjndbc vjdsncxkjd
    7·1 answer
  • ABC reports income tax expense of $800,000. Income tax payable at the beginning and end of the year are $50,000 and $70,000, res
    9·1 answer
  • How is marginal analysis used
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!