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Galina-37 [17]
3 years ago
10

Financial information is presented below: Operating expenses $ 63000 Sales returns and allowances 2000 Sales discounts 5000 Sale

s revenue 156000 Cost of goods sold 104000 The amount of net sales on the income statement would be
Business
1 answer:
Assoli18 [71]3 years ago
8 0

Answer:

$149,000

Explanation:

The computation of the amount of net sales is shown below:

=  Sales revenue - sales return & allowance - sales discount

= $156,000 - $2,000 - $5,000

= $149,000

We simply deduct the two items from the sales revenue so that the net sales revenue could be come and the same would be reported on the income statement

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An investor places $5,000 in an account. The stated annual interest rate is 6% compounded monthly. The value of the account at t
Nostrana [21]

Answer:

$5,983.40

Explanation:

Data provided in the question:

Principle amount = $5,000

Interest rate, r = 6% = 0.06

Time, t = 3 years

Compounded monthly i.e number of periods n = 12

Now,

Final amount = Principle × \left( 1 + \frac{r}{n} \right)^{\Large{n\times t}}

or

Final amount = $5,000 × \left( 1 + \frac{0.06}{12} \right)^{\Large{12\times3}}

or

Final amount = $5,000 × 1.005³⁶

or

Final amount = $5,000 × 1.196

or

Final amount = $5,983.40

7 0
3 years ago
The following table shows the approximate income distribution for Croatia, Nicaragua, and Haiti in 2016. In particular, it shows
Semenov [28]

Based on the income shares of Croatia, Nicaragua, and Haiti, when it come to which nation has the most income, the answer is you cannot tell from this table.

<h3>Which nation has the most income?</h3>

The table simple shows the various percentages of the country's population that are earning a certain amount.

From this table alone, we cannot tell which nation has the most income.

We can infer however, that Croatia has the least income inequality based on the even spread of total income. Haiti then has the most income inequality.

Question is:

Which nation has the most income?

  • Croatia
  • Nicaragua
  • Haiti
  • You cannot tell from the table

Find out more on income inequality at brainly.com/question/24554155.

#SPJ1

5 0
1 year ago
What is the term that describes a company's ability to maintain and gain market share in its industry?
FromTheMoon [43]

Competitiveness A company's ability to maintain and gain market share in its industry.

<h3>What is Competitiveness ?</h3>

Competitiveness is defined as an organization's capacity to execute its objective more successfully than competitor organizations' goods. The law of supply and demand tends to balance markets.

In the instance of business competitiveness, we can describe it as an organization's capacity to provide goods or services with a favorable quality-price ratio that ensures strong profitability while gaining client preference over competitors. Competitiveness ensures the company's long-term viability.

Competitiveness, as a motivator that motivates people to work hard, promotes personal development. Because such people do not want to be left behind in competition, they have an inner drive to study more, work more, and always improve on what they know or have.

To know more about Competitiveness  follow the link:

brainly.com/question/26491505

#SPJ4

8 0
1 year ago
Company A manufactures a moderately priced set of lawn games that sells for $125. The company currently manufactures and sells 2
AfilCa [17]

Answer:

$27,500

Explanation:

As mention in the question the company selling the 2000 seats

also the manufacturing cost is =$40

Direct labor cost =$15

As the seat company  A =500 seats

So the Direct Material Cost= seat company  A allotment *manufacturing cost

=500*40

=$20,000

Also the Direct labor cost =seat company  A allotment *direct labor cost

=$500*$15

=$7500

Therefore the total relevant cost of the firm is

=Direct Material cost +Direct labor cost

=$20,000+$7500

=$27,500

5 0
3 years ago
Is D right?
zhannawk [14.2K]

Answer:

C

Explanation:

wise use of our resources

6 0
3 years ago
Read 2 more answers
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