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Debora [2.8K]
4 years ago
7

Financial information is presented below: Operating expenses $ 45,000 Sales returns and allowances 4,000 Sales discounts 6,000 S

ales revenue 160,000 Cost of goods sold 90,000 The amount of net sales on the income statement would be:
Business
1 answer:
nikdorinn [45]4 years ago
7 0

Answer:

$150,000

Explanation:

To calculate the net sales,

Sales Revenue

$160,000

Sales discount ($6,000)

Sales returns and allowances ($4,000)

Net sales $150,000

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The broker's commission for certain disclosed buyers is protected by the "holdover clause" in the approved Right-to-Sell Listing
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Answer:

for a negotiated time unless the seller lists the property with another broker after expiration and the "Will Not" box is checked.

Explanation:

If broker checks "Will Not" and he lists the property with another broker, length of protection is adversely affected.

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3 years ago
Ada signed a simple discount promissory note for $5,500. the discount rate is 12%, and the term of the note is 5 months. what ar
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<span>Given that, Promissory note A = 5,500 Discount rate i = 12% i = 12/100 Term n= 5 months we know that, 1 year = 12 months 5 months= 5/12 So we get, A = 5,500 i = 12/100 n= 5/12 To find the ada's proceeds on the loan formula is, Proceeds=A(1+i)^n ........... (1) Put the value of A,i,n in equ (1) Proceeds=5500(1+12/100)^5/12 =5500(1+0.12)^0.417 =5500(1.12)^0.41667 =5500(1.04835) Proceeds=5765.94 Therefore $5765.94 Proceeds on the loan</span>
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4 years ago
Expansionary fiscal policies are designed to
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8 0
3 years ago
Schumpeterian growth focuses on:______. a. capital formation (i.e., more physical capital) as central to economic growth.b. argu
timurjin [86]

Answer:

Option D The role of technological innovation and entrepreneurs as central to economic growth.

Explanation:

The reason is that these generate value of the country's product due to its uniqueness and preferable services provision which means that the exports of the product will grow and the domestic sales will also grow if the product is innovative. Innovations brings the demand because nowadays the fight is not on the borders the fight among countries is generating heavy amount of reserves through increase in exports. And this growth in economy is only possible if the country's products are produced efficiently on the international market which is only possible if the innovation has decreased the cost of producing the products or the products produced are efficient.

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Answer:

$105.

Explanation:

Since you are considering buying a $ 700 refrigerator on an installment loan with nothing down and 12 monthly payments of $ 72.92, and you could also charge it to a revolving credit card with a 22 percent APR and pay it off with 12 payments of $ 64.84 and your credit card company would also give you a cashback bonus of 1 percent for the purchase, to determine how much you would save by using the credit card the following calculation must be performed:

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Thus, rounded to the nearest dollar, by paying with the credit card you would save an amount of 105 dollars.

8 0
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