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
schepotkina [342]
3 years ago
13

A company reported the following amounts at the end of the year total sales revenue = 550000; sales discounts = $12,000; sales r

eturns = $44,000; sales allowances = $17,000. What was the company's net revenues for the year?
Business
1 answer:
Salsk061 [2.6K]3 years ago
7 0

Answer:

$477,000

Explanation:

Computation of the company's net revenues for the year

Using this formula

Net revenues= Total sales - sales discounts- sales return- allowances

Where,

Total sales =$550,000

Sales discounts$12,000

Sales return=$44,000

Allowances=$17,000

Let plug in the formula

Net revenue =$550,000-$12,000-$44,000-$17,000

Net revenue =$477,000

Therefore the Net revenue will be $477,000

You might be interested in
Sparkle Metallurgy, Inc. has two service departments (Human Resources and Building Maintenance) and two production departments (
user100 [1]

Answer:

B.40,000 square feet

Explanation:

Calculation to correctly denotes the number of square feet and employees over which the Building Maintenance cost and Human Resources cost would be allocated

Employees Human Resources 4,000

Machining 15,000

Assembly 21,000

Number of square feet 40,000

(4,000+15,000+21,000)

Therefore the number of square feet and employees over which the Building Maintenance cost and Human Resources cost would be allocated is 40,000

3 0
2 years ago
Every one clock this now please!
Yanka [14]

Answer:

ranboo he's so unproblematic and he's so funny

Explanation:

5 0
3 years ago
Read 2 more answers
MC Qu. 160 Webster Corporation's monthly... Webster Corporation's monthly projected general and administrative expenses include
Cloud [144]

Answer:

the total general and admin expense is $8,200

Explanation:

The computation of the total general and admin expense is given below:

Administrative salaries $4,300

Other cash administrative expenses $1,700

Depreciation  $2,200

General and administrative expenses budget $8,200

hence, the total general and admin expense is $8,200

We simply added the above 3 items so that the correct value could come

5 0
3 years ago
Several of the readings highlight the differences between firms in realizing IT value. What do you think are the biggest factors
jeyben [28]

Several of the readings highlight the differences between firms in realizing IT value. The biggest factors in creating these differences are growth prospects , earning history , location, concentration, staff and management, reputation etc.

Growth prospects - this factor looks at how much potential the business has to grow in the future.

Earning history - In earning history, income is a major factor in valuation of any business.

The importance of IT value is the first way to increase value is simply to increase the speed you deliver the kind of value people are willing to, offer better quality.

Learn more about IT here

brainly.com/question/13171394

#SPJ4

7 0
2 years ago
An investor is considering investing in a stock they plan to hold for 2 years. The stock is expected to pay dividends of $1.50 p
xz_007 [3.2K]

Answer: $19.82

Explanation:

The price the investor would be willing to pay today would be the present value of the dividends and the selling price at the end of 2 years using the required return as the discount rate.

= 1.50 / (1 + 8%)  + 1.50 / (1 + 8%)²   + 20 / (1 + 8%)²

= 1.3888889 + 1.286 + 17.1467764

= $19.82

3 0
3 years ago
Other questions:
  • An online sales order processing system most likely would have an advantage over a batch sales order processing system by: Recor
    13·1 answer
  • A Statement of Financial Position is a formal statement presenting the three accounting elements which are?
    12·1 answer
  • The new-product process stage of market testing involves which two of the following? Exposing actual products to prospective con
    9·1 answer
  • In the long run, the price charged by the monopolistically competitive firm attempting to maximize profits: must be less than at
    15·1 answer
  • (Will mark BRAINLIEST) Can someone explain what exactly this question is asking?:
    10·1 answer
  • Dominic is looking over his spending pattern for the past week to try to determine how much money he had on Sunday. This is Domi
    11·1 answer
  • Morris Companies has an issue of preferred stock outstanding that pays a $7.75 dividend every year in perpetuity. What is the re
    8·1 answer
  • Carla wants to start a new software company, but she lives in a remote community where few skilled software programmers live. Wh
    5·1 answer
  • A homeowner hired a contractor to finish her basement. They agreed on a price of $20,000 for the job. During the final stages of
    6·1 answer
  • Which method would interest groups most likely use to help shape public policy? enacting regulations to enforce their goals hiri
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!