Answer:
Newark's cost of sales is A $307,000
Explanation:
Cost of Sales can be determined by using the Missing figure Approach for this question.
Cost of Sales = Sales less Gross Profit
<u>Calculation of Sales figure :</u>
Cash sales, $450,000
Credit sales, $1,350,000
<em>Less</em> Sales returns and allowances, ($90,000)
<em>Less</em> Sales Discounts ($43,000)
Sales $1,667,000
<u>Calculation of Cost of Sales</u>
Thus Cost of Sales = $1,667,000 - $1,360,000 (given)
= $307,000
Answer:
<em>A brand is a name given to a product and/or service such that it takes on an identity by itself</em><em>.</em>
Answer:
the results approach.
Explanation:
This is because this approach emphasises on the results and outcomes produced by the team.
Less, higher, less. Sorry if I’m wrong!!