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3 years ago

Total gross sales for the period include the following:

Business

1 answer:

ycow [4]3 years ago

7 0

Answer:

redit Card Sales:

Gross Sales = $10,300

Credit Card Discount = 2%*$10,300

Credit Card Discount = $206

Net Credit Card Sales = Gross Sales - Credit Card Discount

Net Credit Card Sales = $10,300 - $206

Net Credit Card Sales = $10,094

Sales on Account:

Gross Credit Sales = $10,600

Credit Sales Return = $200

Half of remaining sales were paid within the discount period.

Credit Sales Discount = $10,400*50%*2%

Credit Sales Discount = $104

Net Credit Sales = Gross Credit Sales - Credit Sales Return - Credit Sales Discount

Net Credit Sales = $10,600 - $200 - $104

Net Credit Sales = $10,296

Total Net Sales = $10,094 + $10,296

Total Net Sales = $20,390

So, Net Sales of $20,390.00 will be reported in income statement.

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What four conditions define monopolistic competition?

Alchen [17]

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3 years ago

Marketing strategy addresses a specific target market with a cohesive marketing mix of:

Viktor [21]

Answer:

A) Product, price, place, promotion

Explanation:

The 4 Ps of marketing are:

product: what good or service is our company selling and what need will it satisfy.
price: the actual amount that the company expects that final customers will pay for the product, if the price is too high, the sales volume can be small, but if the price is too low, the profits can b too low also
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3 years ago

Suppose that over one range of prices, the absolute value of the price elasticity of demand varies from 15.0 to 2.5, and over

Vera_Pavlovna [14]

Answer:

In the first range of prices (with PED 15 - 2.5) as the price of the good or service falls, total revenue should increase. Imagine that a 1% reduction in price will result in a 15% increase in quantity demanded. The same happens when PED = 2.5, since a 1% reduction will increase quantity demanded by 2.5%.

e.g. price = $100, quantity demanded = 100, total revenue = $10,000

price falls to $99, quantity demanded increases to 115, total revenue = $11,385
price falls to $99, quantity demanded increases to 102.5, total revenue = $10,147.50

On the other range (PED = 1.5 - 0.75) as the price of the good or service falls, at first total revenue will increase but then it will decrease.

e.g. price = $100, quantity demanded = 100, total revenue = $10,000

price falls to $99, quantity demanded increases to 101.5, total revenue = $10,048.50
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3 years ago

The process of preventing exceptions from causing runtime errors is called

Molodets [167]

The process of preventing exceptions from causing runtime errors is called exception handling.
This type of handling deals with exceptions in particular, which are all anomalies that will prevent the computer from doing its usual job. So those exceptions will be handled even before they get the chance to cause errors which will disturb the operations that the computer is carrying out.

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4 years ago

If an economy is producing efficiently, then A. there is no way to produce more of one good without producing less of another go

lys-0071 [83]

Answer:

the correct answer is A. There is no way to produce more of one good without producing less of another good.

Explanation:

In Economy, there is two principal variables, the goods and the resources to produce that goods. The term Efficient means the best way to produce one o more goods using less resources, it means that in teory, more resources you use, more goods you produce, but the resources are limited and they are distributed proportionally to produce in the most efficient way all the goods in an economy. So in order to produce more from one good, is necessary to take resources out from another productions, and doing so, the production of the second good will be diminished.

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4 years ago