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jonny [76]
3 years ago
10

Select the correct answer.

Business
1 answer:
sdas [7]3 years ago
8 0

Answer:

market testing

Explanation:

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Based on the following information, calculate net income for Dana's Dress Shop using the traditional format. Sales $360,000 Gros
stich3 [128]

Answer:

$80,000

Explanation:

Calculation for the net income for Dana's Dress Shop using the traditional format

NET INCOME USING TRADITIONAL FORMAT

Using this formula

NET INCOME=Gross Margin -Total Selling & Administrative Expenses

Where,

Gross Margin =$140,000

Total Selling & Administrative Expenses=$60,000

Let plug in the formula

NET INCOME=$140,000-$60,000

NET INCOME=$80,000

Therefore the NET INCOME will be $80,000.

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3 years ago
The financial statement that reports the revenues and expenses for a period of time is known as the.
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Correct Answer: Option b) Income Statement. Explanation: An income statement is a financial statement that reports the revenues and expenses that …
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2 years ago
The demand for one of X Company’s products has declined in recent years. The product is manufactured using designated equipment
Scrat [10]

Answer: $230,000

Explanation:

In our case,

Undiscounted future cash inflows from the sale of the product = $ 600,000 and

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We can come to a conclusion that the benefit we get from the sale of the asset is less that carrying value.

Hence, the asset is said to be impaired.

Therefore,

Impairment Loss = Carrying value - Fair value of the asset

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6 0
3 years ago
What types of businesses are likely to have an informal corporate culture?
Musya8 [376]
A computer worker i guess

hope that helps

plz choose me  as brainiest question of alll sorry words may be wrong texting on brand new iphone 6 broke iphone 5s
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4 years ago
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Do you use miracle whip?evaluate its impact and explain whether you believe the campaign was a good idea.defend your answer.
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